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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.....»»
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.....»»
SSS loan scam tatalupan ng Kamara
Gigisahin ng Kamara de Representantes ang mga opisyal ng Social Security System (SSS) dahil sa loan scam kung saan maraming miyembro ang pinagbabayad ng loan kahit hindi sila nag-file. The post SSS loan scam tatalupan ng Kamara first appeared on Abante......»»
Vietnam, Philippines Sign Deals on South China Sea Security
Vietnam, Philippines Sign Deals on South China Sea Security.....»»
ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
ADB, iSON ink deal to boost Philippines digital connectivity
MANILA, March 4 (Xinhua) -- The Asian Development Bank (ADB) said Monday that it has signed a 2.4 billion pesos (42.85 million U.S. dollars) loan with the telecom towers building and managing company iSON Tower Limited Inc. as part of a ADB-led co-financing package to enhance digital connectivity in the Philippines. The loan will support the construction, development, and operation of 800 shared telecommunicatio.....»»
Geeks On A Beach: PH startups eyeing $1-billion in funding deals this 2023
Startups in the Philippines have quietly won $1-billion in total funding deals for two straight years in a row in 2021 to 2022, and there are indications they could continue the winning trend. New funding deals may yet to be clinched at the Geeks On A Beach (GOAB) international conference on November 22 to 24 […].....»»
Vietnam, Philippines seal deals on South China Sea security
The two memoranda of understanding on security covered 'incident prevention in the South China Sea' and 'maritime cooperation' among Vietnamese and Philippine coastguards, according to a Vietnamese official announcing the deals.....»»
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.....»»
Maya Bank, WeFund ink P2.75 billion loan channeling deal
Digital lender Maya Bank and WeFund Lending Corp., through Lightning Financing Co., have inked a P2.75-billion loan channeling deal to boost credit accessibility for the unbanked and underserved communities in the Philippines......»»
ADB, Buskowitz Solar ink $12 million loan for rooftop panels
The Asian Development Bank has signed a $12 million (P675 million) loan agreement with Buskowitz Solar Inc. for the installation of solar panel systems in commercial and industrial buildings’ rooftops in the Philippines......»»
Zamboanga City unveils P24.9-M infra projects
Zamboanga City unveils P24.9-M infra projects.....»»
Tapusin ang mga infra project habang tag-araw
Magandang araw muli, mga kababayan kong Bicolano! Kamakailan ay nanawagan ako sa mga ahensiya ng gobyerno na agad tapusin ang mga infrastructure projects habang tag-init pa at ‘di pa sumasapit ang tag-ulan. The post Tapusin ang mga infra project habang tag-araw first appeared on Abante......»»
Globe pushes for zero-lease policy for telco infra
Globe pushes for zero-lease policy for telco infra.....»»
Rep Co pinatatapos mga infra project habang tag-init
Kinalampag ni Ako Bicol Party-list Rep. Elizaldy Co ang mga ahensiya ng gobyerno na tapusin na ang mga infrastructure project habang tag-init pa upang hindi maabutan ng tag-ulan at maging sanhi ng delay ng proyekto. The post Rep Co pinatatapos mga infra project habang tag-init first appeared on Abante......»»
Prime Infra unit starts first auto MRF plant
Prime Integrated Waste Solutions Inc., a subsidiary of Enrique Razon’s Prime Infra, has inaugurated the country’s first automated materials recovery facility (MRF) that will help address solid waste management problems......»»
P126-B earmarked for C. Luzon infra projects
P126-B earmarked for C. Luzon infra projects.....»»
DPWH completes infra projects in Aurora, Ecija
DPWH completes infra projects in Aurora, Ecija.....»»
Banks’ NPL ratio eases to 3.41 percent in November
The share of soured loans to the banking sector’s total loan book slipped to 3.41 percent in November 2023 after rising to a five-month high of 3.44 percent a month earlier, according to the Bangko Sentral ng Pilipinas......»»