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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.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

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.....»»

Category: newsSource:  manilanewsRelated NewsJan 15th, 2024

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.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

Leyte sets aside P20-M for Covid-19 vaccines

ACQUIRING VACCINES. Leyte Governor Leopoldo Dominico Petilla is shown during a meeting on Dec. 11, 2020. The provincial government of Leyte has initially allocated PHP20 million for the procurement of Covid-19 vaccines once it is available in the market, Petilla said on Monday (Dec. 21, 2020). (Photo courtesy of the Leyte provincial government) TACLOBAN CITY […].....»»

Category: newsSource:  balitaRelated NewsApr 9th, 2024

Trump predicts the end of U.S. democracy if he loses 2024 election

WASHINGTON (Reuters) – Donald Trump said on Saturday if he does not win November’s presidential election it will mean the likely end of American democracy. The Republican presidential candidate, speaking to supporters in Ohio, made the claim after repeating his baseless assertion that his 2020 election defeat to Democratic President Joe Biden was the result.....»»

Category: newsSource:  inquirerRelated NewsMar 17th, 2024

Royval seeks redemption vs Moreno in UFC Fight Night

The rematch between the two Brandons is the main event of the evening and is a sequel of sorts to their November 21, 2020 battle in UFC 55......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

China urges ROK to stay prudent on South China Sea issue: Chinese FM

BEIJING, March 28 (Xinhua) -- China urges the Republic of Korea (ROK) to stay prudent when it comes to the South China Sea issue, Chinese foreign ministry spokesperson Lin Jian said on Thursday. Lin made the remarks at a regular press briefing when responding to a media query about ROK Foreign Ministry Spokesperson's biased and unfactual comments on the South China Sea issue over the past few days. "China.....»»

Category: newsSource:  manilanewsRelated NewsMar 28th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Remittances ease to $3 billion in November

Remittances sent home by Filipinos abroad eased to $3 billion in November 2023, reaching their lowest level in six months despite the holiday season......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

Bank credit growth slows anew in November

The expansion of credit in the country slowed anew in November 2023 due to still elevated interest rates, the Bangko Sentral ng Pilipinas said......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Bitcoin hits new all-time high

The leading cryptocurrency surged above the $72,000 mark on Monday Bitcoin, the world's highest-valued cryptocurrency, hit a new record on Monday as it surged above $72,000. The token soared to a fresh all-time high of $72,030, breaking the record set in November 2021 and bringing gains for the year so far to n.....»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Abra Mining investors turning up the heat on SEC and PSE to resolve unlisted shares issue

Shareholders of Abra Mining, together with stockbroker Victor Dominquez, are seeking a Congressional inquiry into “the alleged failure of the SEC and PSE to formalize charges against the executives of Abra Mining...” for their role AR’s sale of shares which were unlisted and unregistered during the “basura” (garbage) stock frenzy that heated up in late 2020 and overboiled in early 2021......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Biden Sets Sights On Las Vegas Before Nevada s Primary

Reno, Nevada - President Joe Biden's latest campaign swing is taking him across the country to Nevada, where the "first-in-the-West" primaries are underway with early and absentee voting. But the Democrat and his team are also using the visit to shore up support for the general election in November.Biden was arriving in Las Vegas on Sunday for appearances through Monday after spending part of the weekend in Cali.....»»

Category: newsSource:  manilanewsRelated NewsFeb 5th, 2024

Trump passes major US election test with win in Iowa

Donald Trump swept to victory Monday in Iowa’s caucuses — the first vote in the US presidential race — cementing his status as the presumptive Republican standard-bearer to challenge President Joe Biden in November’s election. The former president has led polling for more than a year, but the Iowa contest was seen as the clearest.....»»

Category: newsSource:  inquirerRelated NewsJan 16th, 2024

PNP dismisses cop who fired gun outside QC bar from service

MANILA, Philippines — The Philippine National Police (PNP) has already dismissed from service Lt. Col. Mark Julio Abong — a police officer who was arrested for firing his gun outside a Quezon City bar in November last year. PNP chief Gen. Benjamin Acorda Jr. on Monday said he already signed Abong’s dismissal order last December 18 in.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

Marcos defends VP Sara’s silence over West Philippine Sea issue

Marcos defends VP Sara’s silence over West Philippine Sea issue.....»»

Category: newsSource:  sunstarRelated NewsApr 14th, 2024

Government to issue guidelines for faster mining permits

The government is expected to issue the guidelines for streamlining the processing of mining permits within the year......»»

Category: financeSource:  philstarRelated NewsApr 8th, 2024