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 Ayala Group has launched its 2025 Summer Internship Program (AGSIP), welcoming 100 students from 20 schools across the Philippines, the UK, the US, and Canada for a six-week immersion designed to equip them with real-world experience and instill a values-driven approach to leadership.
The Department of Environment and Natural Resources (DENR) has scheduled a public scoping on 23 July 2025 for the proposed 13.5 MW expansion of the Palinpinon 1 geothermal plant in Valencia, Negros Oriental.
Southstar Drug has reached a major milestone, opening its 700th branch at UP Diliman as it marks its 88th year of service—underscoring a quiet but impactful journey from a single pharmacy in Bicol to a national network championing accessible healthcare.
The National Power Corp. (NPC) has signed a memorandum of agreement (MOA) with the Philippine Space Agency (PhilSA) to harness space technology for managing and monitoring off-grid power systems across the country.