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Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023

MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Resumption of FTA talks seen to spur higher EU investments

The Philippine Economic Zone Authority expects investments from European companies to increase with the resumption of the Philippines – European Union free trade agreement negotiations......»»

Category: financeSource:  philstarRelated NewsMar 25th, 2024

Global manufacturers support expansion of Philippines industrial sector

The move of the government to attract more manufacturing investments and diversify sources of foreign pledges is seen to increase demand for industrial spaces in the country, bringing in high value manufacturing investments such as semiconductors......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Agri chief, MVP Group discuss investments in food security

Agriculture Secretary Francisco Tiu Laurel Jr. met with business tycoon Manuel V. Pangilinan, chairman of Metro Pacific Investments Corp., to discuss plans for significant investments in agriculture to support the government's food security goals......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

Summit deals won’t affect China investments – Marcos

The expected influx of investments from the US and Japan that stemmed from the historic trilateral summit won’t affect China’s investments in the Philippines, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024

SM Investments FY23 net income up 25% to P77-B

SM Investments teased its FY23 results with a headline 25% improvement in its net income to P77.0 billion, backed by an 11% increase in consolidated revenues and strong performances across its portfolio, particularly in the banking and property development segments......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Philippines needs to accelerate investments — World Bank

The Philippines will need to see a sustained increase in investments to achieve higher economic growth, according to the World Bank......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Residential electricity rates up by P0.19/kWh for Jan-Feb billing

Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

Businessmen, more legal experts weigh in on Cha-cha

Foreign business leaders yesterday weighed in on proposals to amend the economic provisions of the 1987 Constitution while legal luminaries said they see no need to change the Charter......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

Private firms to bankroll P18 billion Pasig rehab

The country’s top businessmen are backing the government’s rehabilitation of the Pasig River, a vital waterway and prominent landmark and tourist attraction......»»

Category: newsSource:  philstarRelated NewsJan 20th, 2024

French ambassador fetes PeopleAsia awardees

French Ambassador Marie Fontanel hosted last week a reception for PeopleAsia’s “People of the Year” awardees for 2024 in her official residence in Makati, with members of the diplomatic corps and top businessmen in attendance......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

EDITORIAL — Pass-through fees

If the administration wants to tackle inflation and improve ease of doing business, it should scrutinize one of the contributors to high prices particularly of agricultural commodities, and a long-standing complaint of businessmen: pass-through fees collected from delivery trucks......»»

Category: newsSource:  philstarRelated NewsJan 22nd, 2024

Spotify Mulling to Raise Subscription Prices Again

Music streaming giant Spotify plans to increase its Premium subscription prices by USD1.00 to USD 2.00 in the United Kingdom, Australia, Pakistan, and two other countries by the end of April This comes as Bloomberg reported the possible increase, with a price increase in the US expected to follow later this year. The latest price […].....»»

Category: newsSource:  inquirerRelated NewsApr 5th, 2024

Global Dominion pushes for inclusive training programs for businessmen

This innovative initiative goes beyond training the company’s loan agents; it extends its reach to partner dealers and customers, offering valuable insights into essential topics such as business registration and expansion. .....»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Global Dominion pushes for inclusive training programs for businessmen

This innovative initiative goes beyond training the company’s loan agents; it extends its reach to partner dealers and customers, offering valuable insights into essential topics such as business registration and expansion. .....»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Businessmen pushing for holistic traffic management plan

Businesses is urging the Department of Transportation (DOTr) to implement a holistic traffic management plan to provide soonest relief to commuters and motorists......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Overseas businessmen show confidence in Hong Kong s business environment

HONG KONG, April 30 (Xinhua) -- A number of trade exhibitions were held in Hong Kong in April, attracting visitors worldwide who expressed their confidence in the business environment of Hong Kong. "Hong Kong is a very nice place. We are always happy to come," Belgian businesswoman Isolde Hanson said, adding that this was her first visit to Hong Kong after the pandemic. She had been to Hong Kong more than ten ti.....»»

Category: newsSource:  manilanewsRelated NewsMay 1st, 2024

Rumblings

They won’t say it in public but Filipino businessmen, including those behind some of the sprawling conglomerates in the country, are becoming increasingly worried over growing tensions between the Philippines and China......»»

Category: newsSource:  philstarRelated NewsApr 21st, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024