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.
Kia Philippines closed 2025 on a high, delivering a robust 16.7 percent year-on-year sales increase and cementing its position as the country’s fastest-growing mainstream automotive brand. The ACMobility subsidiary sold 7,810 vehicles during the year, up from 6,692 units in 2024, underscoring resilient consumer demand amid an increasingly competitive market.
The Government Service Insurance System (GSIS) has reached a major milestone as its GSIS Touch mobile app surpassed two million registered users, reflecting the growing use of digital services by members and pensioners nationwide.
The Department of Public Works and Highways (DPWH) said the ongoing construction and repair sections of the Metro Cebu Expressway (MCE) in Naga City are scheduled for completion in five to six months, following an eight-year delay.
Tanduay is doubling down on premium spirits while sharpening its global ambitions, as Spanish brandy house Torres officially enters the Philippine market through a new distribution partnership with the local liquor giant.