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    Foreign investment pledges in 4Q up 30% to P174 billion

    Foreign investment pledges made with six investment promotion agencies of the government increased to P173.61 billion in the fourth quarter, up 30 percent from the P133.47 billion made in the year-earlier period, the Philippine Statistics Authority said.

    Eric Recto elevated chairman at Alphaland

    Eric O. Recto, the nephew of businessman Roberto V. Ongpin who died early this month, is elected chairman of Alphaland Corp. Recto, Undersecretary at the...

    LNG supply seen tight until 2025

    The supply of liquefied natural gas (LNG) in markets around the world is seen to remain tight through 2025, according to the Institute for Energy Economics and Financial Analysis (IEEFA).

    Broadening price pressures compel BSP to raise rates anew by 50 basis points

    The policy-making Monetary Board of the Bangko Sentral ng Pilipinas (BSP) at its meeting on Thursday raised the interest rate on the its overnight reverse repurchase facility by 50 basis points to 6 percent, effective tomorrow, 17 February 2023. 

    BSP greenlights GCash Overseas beta app

    GCash, Globe Telecom’s mobile wallet, on Thursday secured the approval of the Bangko Sentral ng Pilipinas (BSP) to use the e-wallet overseas using international...

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    BOP swings into $3B deficit in Q1 amid trade woes

    The Philippines posted a balance of payments (BOP) deficit of US$3 billion in the first three months this year, a reversal from the US$238 million surplus posted during the same period in 2024, according to data released by the Bangko Sentral ng Pilipinas (BSP). The deterioration underscores mounting external pressures on the economy, with significant implications for macroeconomic stability and international investor sentiment.

    Cold storage for rice seeds now in key provinces

    The Department of Agriculture (DA) has expressed its gratitude to the South Korean government for its sustained support—channeled through Official Development Assistance (ODA) Korea—toward the Philippines’ efforts to modernize its rice sector, a key pillar of President Ferdinand Marcos Jr. 's broader food security agenda.

    Stocks slide as Israel-Iran conflict reignites

    Wall Street wrapped up the week on a sour note as renewed tensions between Israel and Iran rattled global markets on Friday. 

    A touch of a finger sends Alas Pilipinas to AVC Nations Cup final

    It was the faintest of touches—barely visible, yet fortunately timed—that propelled Alas Pilipinas on Friday night past Chinese Taipei and into the gold medal match of the 2025 Asian Volleyball Confederation Women’s Nations Cup in Hanoi.
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