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 Bank of the Philippine Islands (BPI) is stepping up efforts to make banking more accessible and useful to Filipinos, especially those who are underserved or unbanked.
Lenovo has announced a major expansion of its enterprise AI offerings with the launch of Lenovo Agentic AI and a new suite of platforms called Lenovo xIQ, aimed at helping businesses deploy and manage AI at scale more quickly and responsibly.
Jollibee Foods Corp. is getting a strong validation of its global coffee strategy, with Compose Coffee topping customer satisfaction rankings among South Korea’s leading low-cost coffee chains, according to a recent survey by the Korea Consumer Agency (KCA).
UPS Delbros is ramping up its footprint in the Philippines, with plans to increase operational flights by 2028 as it deepens investments in local logistics infrastructure and trade-enabling capabilities. The expansion signals a long-term bet on the country’s role in regional and global supply chains.