Tag: gross international reserves

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January GIR rises to $99.7B

The country’s gross international reserves (GIR), an indicator of capacity to pay for trade and debt obligations, rose to $99.7 billion as of end-January 2023 from the end-December 2022 level of $96.1 billion. 

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Metro Manila office demand eases in Q3; tenants shift to knowledge, health sectors

Prime Philippines reports office demand softened slightly in the third quarter, with total space rented edging down to 53,200 square meters from 53,300 square meters in the previous three months.

P2.7-B Bayad Center stake sale to Kayana on track for April 2027 full settlement

The Manila Electric Co. (Meralco) confirmed Wednesday it expects to complete full payment for the P2.7-billion sale of its combined stake with subsidiary Corporate Information Solutions Inc. (CIS) in CIS Bayad Center Inc. to Kayana Solutions Inc. by April next year.

St. Luke’s named Southeast Asia’s third WGO center

St. Luke’s Medical Center-Global City has been designated a World Gastroenterology Organisation (WGO) Training Center, becoming only the third facility of its kind in Southeast Asia and expanding the Philippines’ capacity to train specialists in advanced digestive and liver care.

FedEx PH wins HR Asia awards for fourth year

FedEx Philippines has been named one of HR Asia’s Best Companies to Work for in Asia for the fourth consecutive year, earning three additional honors for workforce transformation, sustainability and technology adoption.

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