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.
Manila Electric Company (Meralco) reminded the public to observe electrical safety as New Year celebrations draw near, warning that careless use of fireworks and overloaded electrical connections could lead to accidents and power interruptions.
Public Works Secretary Vince Dizon on Tuesday rejected what he called baseless and malicious claims by Rep. Leandro Leviste that he approved budget “insertions” or “allocable” funds for flood control projects.
The Department of Transportation (DOTr) said the construction of three new EDSA Busway stations will start in 2026 to improve the speed and accessibility of the bus system.
The Philippine Ports Authority (PPA) said Tuesday that traffic and cargo movement in Eastern Visayas have returned to normal following the easing of weight restrictions on the San Juanico Bridge.