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 country’s sugar industry has submitted a unified manifesto to the Department of Agriculture (DA) and the Sugar Regulatory Administration (SRA), calling for tighter regulation of artificial sweeteners and other sugar substitutes.
The Department of Energy (DOE) is pushing a major acceleration of the country’s net-metering program by enforcing strict, time-bound permit processing across local governments—an overhaul the agency said will significantly speed up solar installations for households and businesses.
The Jollibee Group is highlighting its Danao Commissary in Cebu as a showcase of how sustainability can be built into manufacturing and logistics from the very beginning, rather than added as an afterthought.
Transportation Secretary Giovanni Lopez has directed the Civil Aviation Authority of the Philippines (CAAP) to set aside P200 million to P300 million to relocate National Grid Corporation of the Philippines (NGCP) transmission lines that are preventing full use of the Bicol International Airport (BIA) runway.