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 Light Rail Transit Authority (LRTA) has remitted P276.70 million in interest income to the Bureau of the Treasury (BTr), following a directive from the Department of Finance (DOF).
Filinvest Land Inc. (FLI) is returning to the debt market, with its board approving the issuance of the third tranche of retail bonds under its P35-billion shelf registration program with the Securities and Exchange Commission.
The Philippine Chamber of Commerce and Industry (PCCI) is pushing for a “green lane” system for public works contractors, aiming to speed up infrastructure delivery and rebuild confidence in government spending.
Semirara Mining and Power Corp. (SMPC) is projecting confidence as it braces for a high-stakes government auction that will determine who operates the country’s largest coal mine beyond 2027.