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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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Philippines, Norway boost maritime cooperation on safety, green shipping, and digital systems

The Philippines and Norway have agreed to expand cooperation in maritime safety, digitalization, and environmental efforts following talks between the Maritime Industry Authority (MARINA) and the Norwegian Maritime Authority (NMA).

UnionDigital Bank, SSS launch micro-loan program for members, OFWs

UnionDigital Bank has partnered with the state pension agency, the Social Security System (SSS), to launch a micro-loan program called SSS LoanLite aimed at helping qualified members, especially overseas Filipino workers (OFWs), access quick financial support.

Awards-season films and LG OLED77G5 viewing guide

The awards season is encouraging many viewers to catch up on this year’s Oscar-winning films, often building weekend watchlists around the most talked-about titles.

DA reactivates “food lane” program to keep food supply steady amid energy emergency

The Department of Agriculture (DA) has reactivated and expanded its “food lane” program to ensure the smooth transport of agricultural goods and help keep food prices stable as the country deals with a declared national energy emergency.

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