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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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    DA plans mung bean shift as irrigation damage threatens rice harvest

    The Department of Agriculture (DA) plans to convert up to 37,000 hectares of rice fields in Nueva Ecija to mung bean production after major irrigation damage threatened rice output in the country’s top rice-producing province.

    Federal Land sells stake in Crown Central

    Federal Land Inc., a wholly owned subsidiary of GT Capital Holdings, and its subsidiary Horizon Land Property Development Corp. have sold their entire 52 percent stake in Crown Central Properties Corp. to Crown Equities, Inc. for P73.475 million.

    Megawide, Pag-IBIG team up to deliver 7,000 homes

    Megawide Construction Corp. and the Home Development Mutual Fund (Pag-IBIG) have inked a landmark partnership to fast-track the government’s expanded Pambansang Pabahay Para sa Pilipino (4PH) program.

    Villar Group sells Prime Water to Lucio Co Group

    Prime Water Infrastructure Corp., controlled by the Villar group, announced on Tuesday that it has agreed to sell the company to the Lucio Co group.

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