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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.....»»
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.....»»
PPA: 2 cruise dock projects worth P839 million up for bidding
The Philippine Ports Authority is going all out on its program to promote the country as a cruise destination, investing P839 million to build dedicated infrastructure in the regions......»»
India delivers BrahMos supersonic cruise missiles to Philippines
Manila [Philippines], April 19 (ANI): India delivered the BrahMos supersonic cruise missiles to the Philippines on Friday, as part of the USD 375 million deal between the two sides signed in 2022. The Indian Air Force sent its American origin C-17 Globemaster transport aircraft with the missiles to the Philippines to deliver the weapon system to the Philippines' Marine Corps, according to the defence sources. The export o.....»»
NBA-leading Celtics cruise to 8th straight win
NBA-leading Celtics cruise to 8th straight win.....»»
North Korea says leader Kim supervised tests of cruise missiles designed to be fired from submarines
North Korea says leader Kim supervised tests of cruise missiles designed to be fired from submarines.....»»
Boracay welcomes 1st cruise ship this year
The M/V Resorts World One, which was carrying 1,600 passengers, arrived in Boracay on Wednesday, the first cruise ship to visit the island this year......»»
North Korea says it tested new strategic cruise missile
SEOUL (Reuters) -North Korea said it tested its new strategic cruise missile on Wednesday, state media KCNA reported on Thursday, confirming what the South Korean military said the day before. The missile dubbed “Pulhwasal-3-31” is currently under development and the test-firing had no impact on the security of neighbouring countries, the state media said, adding.....»»
Approved foreign investments into Philippines fall 63.6 pct in Q1
MANILA, May 16 (Xinhua) -- The approved foreign investments into the Philippines in the first quarter of 2024 reached 148.43 billion pesos (roughly 2.59 billion U.S. dollars), marking a 63.6 percent decrease year over year, the Philippine Statistics Authority (PSA) said on Thursday. The statistics agency said Singapore posted the highest investment commitment, amounting to 70.06 billion pesos (1.22 billion dolla.....»»
Bunye: BSP changes FX rules for foreign investments to make them easier
Bunye: BSP changes FX rules for foreign investments to make them easier.....»»
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.....»»
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.....»»
Foreign pledges materialize into $14 billion investments – DTI
A total of $14.2 billion worth of investments pledged during the foreign trips of President Marcos have already been actualized or have commenced implementation, the Department of Trade and Industry reported yesterday......»»
DOT eyes exceeding P1.5 trillion in domestic visitor receipts for 2024
Tourism Secretary Frasco said on Sunday that the Department of Tourism aims to outperform the previous domestic visitor receipts, citing last year's strong performance......»»
PH eyes aviation investments in Singapore Airshow
The government aims to attract investments for the Philippines’ aviation sector at the upcoming Singapore Airshow, aiming to position the country as a travel and trading hub in Asia-Pacific and a starting point for North America, a senior official of the Department of Transportation said on Friday. Transportation Undersecretary Roberto Lim highlighted the importance of.....»»
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......»»
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......»»
5 Home Aspect Investments That Are Worth Every Penny
Investing in a home upgrade is always worth it, especially if the Lentor Mansion unit is yours. That said, some upgrades are better than most because they improve these five home aspects. Privacy Adequate privacy allows you to do the things you want or normally do without any prying eyes. Start by installing curtains on […] The post 5 Home Aspect Investments That Are Worth Every Penny appeared first on Kagay An......»»
US-Phl relationship ‘at its best right now’
Philippine Ambassador to the United States Jose Romualdez is urging the Philippine business community to rally behind President Marcos’ push for economic reforms that will enable the country to attract more foreign investments and compete with our strong neighbors in the region -- Vietnam, Indonesia, Malaysia and Thailand, who are all likewise trying to attract such investments......»»
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......»»