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.
Maya has tapped M Pioneer Insurance Inc. In offering SafeTrip travel insurance directly in the Maya app, giving Filipino travelers simple, affordable, and easy access to protection before they go abroad.
Olivia McDaniel was likely bargaining with the football gods as she lunged to her left, body angled, hands stretching just far enough to meet a ball that slipped from her grasp for a split second—then stayed. When she collapsed in front of goal, clutching salvation, a long-awaited chapter in Philippine football history finally turned its page.
Filipino online shoppers are emerging as the most active practitioners of “showrooming” in Southeast Asia, highlighting how digital commerce and physical retail are becoming increasingly intertwined.
Stern Real Estate and Development Corp. is ramping up its presence in Camp John Hay, committing fresh capital to expand hospitality offerings within the former American rest and recreation facility.