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Philippines FDI net inflows decline 6.6 pct in 2023

MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»

Category: newsSource:  manilanewsRelated NewsMar 11th, 2024

FACT CHECK | Constitutionality, not ‘noble intentions’, basis for allowing joint ventures in West Philippine Sea – Supreme Court

In her column published on manilatimes.net on Dec. 23, 2023, Anna Malindog-Uy proposed, among others, possible joint ventures in the utilization of the resources in the South China Sea to pave the way for a non-confrontational resolution of maritime and territorial claims involving the Philippines and China. The article consistently used the term South China […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Gearing up vs China blocking actions near Ayungin Shoal

China has been stepping up its pressure tactics in the West Philippine Sea, deploying a naval warship alongside the China Coast Guard and maritime militia in blocking an unarmed Philippine boat carrying supplies to the troops manning an outpost aboard the ship BRP Sierra Madre in Ayungin Shoal......»»

Category: newsSource:  philstarRelated NewsApr 5th, 2024

News on China s actions in WPS need to shift focus

MEDIA FOLLOWED recent incidents in the West Philippine Sea as Chinese vessels engaged in maneuvers to block patrol boats of the Philippine Coast Guard (PCG) on February 12. The news on February 17 also reported the disturbing allegation of China's use of cyanide, causing damage to the resources and the waters of Bajo de Masinloc, also known as Scarborough Shoal.Although China's harassment of Philippine vessels a.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

China monitored Philippine vessel delivering supplies at Ren ai Reef

The China Coast Guard (CCG) on Friday monitored and tracked a Philippine vessel delivering living supplies to the country's illegal grounded warship in Ren'ai Reef, the CCG said in a statement on Saturday. "China has indisputable sovereignty over the Nansha Islands, including the Ren'ai Reef, and its adjacent waters," it said, adding that the CCG is carrying out law enforcement activities in the sea areas under.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 4th, 2024

China monitored Philippine vessel delivering supplies at Ren ai Reef

The China Coast Guard (CCG) on Friday monitored and tracked a Philippine vessel delivering living supplies to the country's illegal grounded warship in Ren'ai Reef, the CCG said in a statement on Saturday. "China has indisputable sovereignty over the Nansha Islands, including the Ren'ai Reef, and its adjacent waters," it said, adding that the CCG is carrying out law enforcement activities in the sea areas under.....»»

Category: newsSource:  manilanewsRelated NewsFeb 4th, 2024

CCG stops Philippine fishermen from trespassing on Huangyan Island

The China Coast Guard (CCG) recently stopped a group of Philippine fishermen from trespassing on Huangyan Island in the South China Sea, a source confirmed with CGTN on Friday. Footage and two photos given by the source over the weekend show the group of fishermen standing on the reefs of the island and illegally collecting seashells, a move not only violating China's sovereign rights but damaging the ecological.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 2024

China launches Southeast Asia outreach amid tensions with Philippines

Taipei, Taiwan - China launched a fresh round of diplomatic outreach to Southeast Asia this week, as Chinese leader Xi Jinping met with Indonesian President-elect Prabowo Subianto Monday and foreign ministers from Laos, Vietnam and East Timor began to arrive in Beijing Tuesday.The diplomatic charm offensive comes amid territorial disputes between China and the Philippines in the South China Sea, and efforts by t.....»»

Category: sportsSource:  abscbnRelated NewsApr 2nd, 2024

China says Philippines ignored South China Sea proposal as tensions rise - BBC.com

China says Philippines ignored South China Sea proposal as tensions rise BBC.com.....»»

Category: lifestyleSource:  abscbnRelated NewsMar 16th, 2024

CitySavings Named One of the 2024 Philippines’ Growth Champions

City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions.  The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»

Category: newsSource:  metrocebuRelated NewsMar 8th, 2024

Coast Guard ship Samudra Paheredar on overseas deployment to ASEAN nations, arrives in Philippines

Manila [Philippines], March 25 (ANI): India Coast Guard ship Samudra Paheredar, a specialized Pollution Control Vessel, reached Manila, Philippines on Monday, marking the commencement of its (overseas deployment) OSD mission to Association of Southeast Asian Nation (ASEAN) countries. ASEAN countries includes Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam, " acc.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

Coast Guard ship Samudra Paheredar on overseas deployment to ASEAN nations, arrives in Philippines

Manila [Philippines], March 25 (ANI): India Coast Guard ship Samudra Paheredar, a specialized Pollution Control Vessel, reached Manila, Philippines on Monday, marking the commencement of its (overseas deployment) OSD mission to Association of Southeast Asian Nation (ASEAN) countries. ASEAN countries includes Brunei Darussalam, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, and Vietnam, " acc.....»»

Category: newsSource:  inquirerRelated NewsMar 25th, 2024

China ‘appreciates’ Marcos Jr. affirmation of one-China policy

China is pleased with the Philippines’ reaffirmation of commitment to the one-China policy, as articulated in a media interview by President Marcos who also stressed he was not endorsing Taiwan independence......»»

Category: newsSource:  philstarRelated NewsJan 25th, 2024

WPS tension: Chinese vessel blocks PH research ship

A China Coast Guard (CCG) vessel again made “dangerous maneuvers” on Thursday and tried to block a Philippine fishery vessel carrying marine scientists conducting research in the West Philippine Sea or WPS. Commodore Jay Tarriela, Philippine Coast Guard (PCG) spokesperson for the WPS, told a press briefing on Friday that CCG vessel 5204 crossed the.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

Shell Pilipinas net income jumps to P1.4 billion in Q1

Shell Pilipinas Corp. reported a net income of P1.4 billion in the first quarter, reversing the P310.2-million net loss booked in the same quarter last year......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Apollo Global Q1 net loss: P7.9-M (up 32%)

Apollo Global Capital posted a Q1 net loss of P7.9 million, which was actually 32% better than its Q1/23 net loss of P11.5 million......»»

Category: financeSource:  philstarRelated NewsMay 16th, 2024

Semirara Q1 profit: P6.5-B (down 28%)

Semirara Mining and Power posted a Q1 net income of P6.5 billion, down 27.6% y/y from its Q1/23 net income of P9.0 billion, and up 23% q/q from its Q4/23 net income of P5.3 billion......»»

Category: financeSource:  philstarRelated NewsMay 7th, 2024

DITO FY23 net loss: P8.1-B (30% improvement)

DITO CME posted a FY23 net loss attributable of P8.1 billion, which is a 30% improvement over its FY22 net loss attributable of P13.8 billion......»»

Category: financeSource:  philstarRelated NewsMay 3rd, 2024

Philippines foreign investments yield net outflows in March

MANILA, May 1 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 236 million U.S. dollars in March, the Philippine central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the foreign investment transactions in March resulted from the 1.6 billion dollars in gross outflows and 1.4 billion dollars in gross inflows for the month. "The recorded net outflows are a reversal.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

FACT CHECK: Did this vlog correctly state BBM’s net worth?

The Youtube channel Okay Dito posted a video on President Ferdinand ‘Bongbong’ Marcos Jr’s net worth and properties. The video said Marcos Jr’s net worth is P437-million based on news reports, and owns assets including cash deposits, vehicles, jewelries and investments in condominiums......»»

Category: newsSource:  davaotodayRelated NewsApr 9th, 2024