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.
Mimecast has released its 2025 Global Threat Intelligence Report, warning that cybercriminals are shifting tactics to target people from every direction and overwhelm traditional security measures.
The Razon Group announced major leadership changes across its water and power units following Prime Infrastructure’s ₱50-billion acquisition of natural gas assets from First Gen.
The Civil Aeronautics Board (CAB) has kept fuel surcharges for both domestic and international flights at Level 4 for the fifth straight month, covering the period December 1 to 31.
Australia’s home and lifestyle brand Anko, backed by the Ayala Group, has opened its fifth store in the Philippines, located at Ayala Malls Feliz in Pasig. The new 1,570-square-meter branch aims to reach more shoppers in the eastern part of Metro Manila and nearby areas in Rizal.