Friday, 23 January 2026, 12:16 pm

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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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    Megawide taps peso market with fixed-rate notes

    Megawide Construction Corp. said it issued P1.1 billion worth of peso-denominated fixed-rate corporate notes on Friday, January 23, tapping the domestic debt market to refinance obligations and support general corporate needs.

    PLDT, Smart use AI and mobile tech to support persons with disabilities in Manila

    Telecommunications company PLDT and its wireless arm Smart are using artificial intelligence and everyday mobile technology to help persons with disabilities (PWDs) gain better access to education, jobs, and livelihood opportunities in Manila and nearby cities.

    Cebu gateway eyes Chinese visitors with visa-free entry

    Mactan-Cebu International Airport (MCIA) is positioning itself at the forefront of a potential rebound in Chinese tourism as the Philippine government rolls out visa-free entry for Chinese nationals at select gateways, including Cebu.

    CLI, Xavier University build road linking uptown CDO’s future

    Cebu Landmasters, Inc. (CLI) and Xavier University (XU) are betting big on infrastructure to unlock the next phase of growth in Cagayan de Oro City, breaking ground on the Php120-million Manresa Access Road that will directly connect Uptown and Downtown CDO.

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