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 Department of Transportation (DOTr) aims to partially open the Metro Rail Transit Line 7 (MRT-7) by the second quarter of 2027, with its first 12 stations set to begin service.
The Department of Trade and Industry (DTI) is stepping up efforts to expand market access for Philippine exporters as merchandise shipments sustained double-digit growth in the first five months of 2026, signaling resilient external demand despite global trade uncertainties.
The fast-growing fintech company Salmon has launched a new campaign aimed at reshaping how Filipinos view borrowing, shifting the perception of debt from a source of stress to a positive financial tool.
More than 25 US business executives and investors will visit the Philippines next week to explore opportunities in high-growth industries, signaling sustained American interest in one of Southeast Asia's fastest-growing economies.