The Philippine Statistics Authority said Tuesday total foreign investments pledges approved by investments promotion agencies in the third quarter more than doubled to P27.30 billion from P13.05 billion in the same quarter last year.
Agriculture Secretary Francisco Tiu Laurel, Jr. on Monday set the record straight on his educational background amid erroneous reports claiming he is a graduate of the University of Santos Tomas (UST), saying he quit school to raise his eldest child.
Latest Bangko Sentral ng Pilipinas (BSP) data boost the likelihood the monetary authorities will keep the rate at which they lend to or borrow from the banks where they stood two weeks earlier when the policy-making monetary board (MB) announced an off-cycle adjustment.
Malacanang has appointed former infrastructure and port executive and current presidential adviser Rafael D. Consing Jr. as president and chief executive of the Maharlika Investment Corp. (MIC).
Fitch Ratings has affirmed Manila's triple B (BBB) credit rating, which is above the minimum investment grade, and has kept the outlook on the rating at “stable.”