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Capital repositioning allow for continued FDI outflows in January

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.

Philippines’ trade deficit widens to USD5.09B in January

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 Sells Quezon City Property to Ayala Land for P6.24B

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.

ERC hits deferment button on P20.32B transmission projects 

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.

DA cracks down on onion hoarding amid rising prices

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.

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Japan backs Pasig infrastructure, strengthens PH ties

Japanese Ambassador Endo Kazuya met with Pasig City Mayor Victor Ma. Regis “Vico” Sotto at the temporary Pasig City Hall to discuss ongoing cooperation and future partnerships.

Philippines shows strong AI interest but struggles to scale – study

A new study by ST Telemedia Global Data Centres (STT GDC) finds that companies in the Philippines are eager to adopt artificial intelligence (AI) but face major challenges in expanding its use.

PCCI back pragmatic review of coal moratorium

The Philippine Chamber of Commerce and Industry (PCCI) on Wednesday threw its support behind a government review of the country’s moratorium on new coal-fired power plants, calling the move a “pragmatic” response to intensifying energy security risks.

ADB chief Masato Kanda announces bid for second term 

Masato Kanda, president of the Asian Development Bank, announced he will run for reelection when his current term ends on November 23, 2026.

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