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Philippines FDI net inflows grow by 27.8 pct in November
MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»
Peza approves P14.951B investments from January to March
Peza approves P14.951B investments from January to March.....»»
Philippines total external trade drops by 5.4 pct in November
MANILA, Jan. 10 (Xinhua) -- The Philippines' total external trade in goods declined by 5.4 percent in November 2023 to 16.95 billion U.S. dollars from 17.92 billion dollars in November 2022, the Philippine Statistics Authority (PSA) said Wednesday. Of the total external trade in November 2023, 63.8 percent were imported goods, while the remaining were exported goods, the PSA said. The PSA said the balance.....»»
Moody’s: Philippines highly exposed to food security risks
Food security risks will likely remain elevated in Asia-Pacific even if prices of food ease this year, with the Philippines among the most exposed to shocks and risks in the region, Moody’s Investors Service said......»»
Davao gets investment pledges worth P3B
DAVAO CITY (MindaNews / 06 March) – The Davao City Investment Promotions Center (DCIPC) has recorded investment pledges worth P3 billion from different potential investors for this year, an official said. Christian D. Cambaya, head of DCIPC’s Investor Assistance & Servicing Unit, said during “Wednesdays Media Forum at Habi at Kape” that Davao is off […].....»»
Foreign investment pledges more than double
Foreign investment pledges approved by investment promotion agencies surged by more than 127 percent to P394.45 billion in the fourth quarter of 2023 from P173.61 billion a year ago amid the country’s strong economic performance, according to the Philippine Statistics Authority......»»
Infrastructure spending hits lowest level in November
Government spending for infrastructure dropped to a year-low in November last year even after state agencies were ordered to catch up on their expenses to boost economic growth......»»
Trade gap widens to $4.69 billion in November
The country’s trade deficit in November widened to a seven-month high as imports left negative territory, while exports continued to decline......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas.....»»
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas.....»»
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas.....»»
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas
Wanky picks Solis for PIO role, pledges transparency at PRO-Western Visayas.....»»
Four-year-old boy dies after falling off from 21st floor of condo building
A four-year-old boy died after falling off from the 21st floor of a condominium building located at the corner of Mabini Street and Quirino Avenue in Malate, Manila. PSSg John Paul Rojo of the Manila Police District -homicide section said the victim is a resident of Block 3 Lot 19 Don Gregorio Heights, Dasmariñas, Cavite. […].....»»
Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income
Assembling clothespins is among the many jobs women do in the occupied houses in Pandi, Bulacan. The mothers mentioned other low-income jobs like garlic peeling, rug making and notebook sewing. The post Despite low wages, Pandi-based ‘maninipit’ mothers try to augment family income appeared first on Bulatlat......»»
Globe reports steep 73.7% decline in blocked bank-related spam, scam SMS in 2023
The telecommunications company Globe has reported a significant 73.7% decrease in the number of blocked spam and scam SMS related to banks in 2023. This reduction is a result of the interception of 21.9 million bank-related fraudulent messages, a sharp decline from the 83.39 million messages blocked the previous year. Globe attributes this achievement to its proactive strategies and strong partnerships with major banks and financial institutions in the Philippines. The company has established anti-fraud alliances with the Bankers Association of the Philippines and individual players in the finance sector, enabling the sharing of data and intelligence to prevent and investigate fraud effectively. Anton Bonifacio, Chief Information Security Officer at Globe, emphasized the company's commitment to combating financial fraud and enhancing security measures for customer protection. Globe has invested approximately US$20 million to improve its spam and scam SMS detection and blocking system and operates a 24/7 Security Operations Center to filter out unwanted messages from both international and domestic sources. Despite certain limitations, Globe remains dedicated to customer protection and emphasizes the need for a unified approach in the fight against fraud. The company is focused on leveraging technology and strengthening alliances with key stakeholders to combat fraudulent activities. As Globe continues to advance its technologies and collaborations, it aims to provide a safer and more secure digital environment for its customers. For more information about Globe and its initiatives, visit www.globe.com.ph. (SPONSORED CONTENT).....»»
Local hopes and global risks
In national development as in personal life, hopes and expectations at the start of a new year are also fraught with risks......»»
Valentine’s Day warning: Avoid falling for love scams
Valentine’s Day warning: Avoid falling for love scams.....»»
Jockey dies after falling off horse in race
A jockey died after falling from his horse during a race in Malvar town on Wednesday night......»»