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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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    PH backs BBNJ Treaty ratification drive

    The Philippines is intensifying efforts to ratify the High Seas Treaty, officially known as the Agreement on the Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ), with the Department of Agriculture backing the Department of Foreign Affairs' campaign for Senate concurrence.

    PBBM marks birthday with nationwide P20 rice

    In celebration of the 68th birthday of President Ferdinand Marcos Jr. today, the government is rolling out a special, one-day offering of P20 per kilo rice through his flagship food security initiative, “Benteng Bigas, Meron Na!” (BBM Na!), potentially benefitting more than 350,00 Filipinos.

    MWIS installs innovative sewage treatment systems in aviation and QSR sectors

    Manila Water Infratech Solutions (MWIS), a non-East Zone unit of Manila Water, has successfully deployed its iTECH Packaged Sewage Treatment Plant (STP) in two major sectors: quick-service restaurants (QSRs) and aviation.

    Employee-centric strategy earns lender top HR honors

    Security Bank has received multiple accolades for its employee-first approach and successful HR transformation initiatives.

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