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.
At Ninoy Aquino International Airport, the runway is not the only thing shifting. Airlines are now studying a government proposal to redraw the airport map itself, clustering carriers by business model in a sweeping terminal realignment.
Toyota Motor Philippines has been named the country’s “Top 2 Importer” for 2025 after remitting a record P52.517 billion in duties and taxes, marking the company’s highest annual contribution since its operations began.
The Department of Agriculture (DA) is pushing to expand oil palm production in Mindanao, saying it can cut imports, raise farmer incomes, and secure the country’s cooking oil supply.