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    Capital repositioning allow for continued FDI outflows in January

    The Bangko Sentral ng Pilipinas (BSP) on Friday reported net foreign investments of USD283.69 million exiting the Philippines In January 2025. This was a significant improvement compared to the previous month's outflows of USD487.37 million. The decrease, amounting to USD203.68 million or 41.8 percent, points to a recovery in market sentiment despite ongoing global economic pressures.

    Philippines’ trade deficit widens to USD5.09B in January

    The Philippines’ posted a substantial trade deficit of USD5.09 billion in January, widening from the USD4.36 billion trade gap in the same month last year, as export growth failed to keep pace with the rise in imports. This wider trade deficit highlights the country’s persistent struggle to meet its domestic needs through local production and its inability to identify new export drivers to strengthen its economic position.

    ABS-CBN Sells Quezon City Property to Ayala Land for P6.24B

    ABS-CBN Corp. has sold a significant portion of its Quezon City property to Ayala Land Inc., one of the country’s largest property developers, for P6.24 billion.

    ERC hits deferment button on P20.32B transmission projects 

    The Energy Regulatory Commission (ERC) has deferred the approval of capital expenditure projects proposed by the National Grid Corporation of the Philippines (NGCP) totaling P20.32 billion.

    DA cracks down on onion hoarding amid rising prices

    Agriculture Secretary Francisco Tiu Laurel Jr. on Monday directed the Bureau of Plant Industry (BPI) to conduct an urgent inspection of onion cold storage facilities across the country.

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    SMAC rewards families for every remittance

    SMAC, the country’s leading loyalty program, and BDO Remit, BDO Unibank’s trusted remittance service, have formed a new partnership to give more value to overseas Filipino workers (OFWs) and their families. The agreement was formalized in November at the BDO Corporate Center in Ortigas, Pasig.

    Ayala Land sells stake in Alabang Town Center to Madrigal family

    Ayala Land Inc. has sold its 50 percent stake in Alabang Town Center to its joint venture partner, the Madrigal family, for ₱13.5 billion.

    New facility to cut risks for geothermal projects 

    The Department of Energy (DOE) and the Land Bank of the Philippines have signed a memorandum of agreement to operationalize the Philippine Geothermal Resource De-Risking Facility (PGRDF), a $170-million program aimed at reducing the financial risks of early-stage geothermal exploration.

    Used battery recycling plant proposed in Tarlac

    Green Ecosphere Industries Inc. is proposing a lead recycling plant that can process about 2,040 metric tons of used batteries every month. The facility is expected to produce around 1,000 metric tons of recycled lead ingots monthly, or about 12,000 metric tons a year.

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