Sunday, 03 August 2025, 8:24 pm

    Jun Vallecera

    86 POSTS

    Portfolio funds aggregating $13.13 billion fled the country in 2023

    Speculative investments that flowed inward on net basis in 2022 reverted to a net outflow last year when interest-sapping high inflation helped make the Philippines one of the more costly places to make an investment in 2023.

    Growth outlook seen quicker than 6% over three years

    The Philippines is seen growing its economy at a rate faster than six percent in terms of the gross domestic product (GDP) between this year and 2026, the financial information and analytics firm S&P Global recently reported.

    ADB projects below-target 5.7% growth for the Philippines in 2023

    The Philippines in 2023 is projected to post growth, measured as the gross domestic product (GDP), averaging lower than the official growth target of 6 to 7 percent to only 5.7 percent, according to the Asian Development Bank.

    FDIs flowed inward over 10 months in 2023 but sharply lower to only USD6.5 billion

    Foreign direct investments (FDI), useful both as a measure of and as vehicle for economic advancement, flowed inward on net basis in the first 10 months last year but stood 17.5 percent lower to only USD6.5 billion, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday.

    Food price pressure seen still elevated in Metrobank inflation forecast

    Food-driven price pressures figure high in some of this year's inflation forecasts, such as that seen by the Metropolitan Bank and Trust Co. (Metrobank) which has retained its original 4.3 percent inflation print in 2024.

    Just in

    Fuel prices set to surge again Tuesday

    Motorists and transport operators should brace for another round of fuel price hikes this week, with oil firms expected to implement significant upward adjustments across all fuel products starting Tuesday.

    Pineapple exports jump 14% in 2024 – FAO

    The Philippines reported a 14 percent increase in pineapple exports in 2024, shipping around 680,000 metric tons (MT) compared to 600,000 MT in 2023, according to the UN Food and Agriculture Organization (FAO).

    Security Bank named SME Bank of the Year in Asia

    Security Bank was recognized with 10 prestigious honors at the Asian Banking & Finance (ABF) Awards held at Marina Bay Sands, Singapore, highlighting the bank’s leadership in customer-centricity, digital innovation, sustainable finance, and financial inclusion.

    Tagum Water marks 5 years of sustainable service

    Tagum Water, a bulk water service provider under Manila Water’s Non-East Zone operations, commemorated its 5th anniversary, celebrating half a decade of reliable and sustainable service in Tagum City.
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