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.
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 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.
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.
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.
The Department of Energy (DOE) will open at least 18 coal blocks across the country to private investors as part of a competitive bidding round set to begin on February 27, 2026.
The Department of Agriculture (DA) has ordered a new and broader investigation into alleged irregularities in the procurement and distribution of subsidized farm inputs and machinery, following complaints from farmers’ groups.
The Securities and Exchange Commission (SEC) has released draft rules that would tighten mandatory corporate governance training for company directors and key officers, aiming to improve oversight and accountability in Philippine businesses.
DigiPlus Interactive Corp. has appointed Hu Jianguo to its board of directors following the resignation of Tang Yong, whose departure took effect Tuesday. Yong will remain with the company as board adviser, ensuring leadership continuity.