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 Department of Agriculture (DA) is advancing import substitution efforts by supporting Basic Necessity Inc., a Filipino-owned firm building a state-of-the-art enoki mushroom facility in Silang, Cavite. This fully private-sector-funded venture aligns with President Ferdinand Marcos Jr.’s goals: localize key industries, grow agro-industry, create jobs, and ensure steady access to affordable, nutritious food.
Ube has captured the world’s imagination—once a familiar backyard crop in Filipino homes, this purple yam now appears in cheesecakes in New York, croissants in Paris, and lattes in Sydney. But to turn viral popularity into lasting success, the Philippines needs more than buzz; it needs better ube. That is exactly what scientists at the University of the Philippines Los Baños (UPLB) set out to find.
Ayala Land Inc. (ALI) is seeing stronger leasing demand across its warehouse portfolio, with cold storage facilities emerging as a particularly bright spot as companies seek more temperature-controlled capacity.
Airport expansions in Laoag, Caticlan, and Siargao are taking center stage in a government push to improve transport links to the Philippines’ tourism destinations and support rising visitor demand.