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    Fewer long-duration foreign funds made Phl home in first two months

    Long-duration foreign funds more known as foreign direct investments (FDI) poured inward in February totaling $1 billion or 13 percent more than only $926...

    Moody’s unit forecasts sharply lower growth in 1Q

    Moody’s Analytics, the data-crunching unit of sovereign credit watcher Moody’s Investors Service, on Monday projected sharply lower economic output from the Philippines in the...

    Economy creates more jobs, cuts unemployment rate to 4.7%

    Unemployment rate eased further in March, underscoring a steady recovery of the economy from the adverse effects of the Covid-19 pandemic, with a net...

    Converge’s Dennis Anthony Uy Plans $1 Billion “Silicon Valley” Project In Pampanga

    Dennis Anthony Uy, co-founder of publicly listed Converge ICT, will build in Pampanga his version of Silicon Valley— a billion-dollar venture meant to provide...

    Manila floats $2-B ADB loan for public works projects

    The Department of Public Works and Highways (DPWH) is seeking a $2 billion loan from the Asian Development Bank (ADB) to build the first...

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    Sugar import ban to stay another year

    The Department of Agriculture (DA) said the ban on sugar imports will remain in place until December 2026, clarifying that it will not end in September 2026 when the current crop year ends.

    ERC clears NGCP’s P12.96B Camarines Sur substation

    The Energy Regulatory Commission (ERC) has approved the National Grid Corporation of the Philippines’ (NGCP) 500-kilovolt substation project in Milaor, Camarines Sur, which will serve as a connection point for offshore wind power projects. The project costs P12.96 billion.

    Tawi-tawi power coop restructures P400M debt

    The Department of Energy (DOE) said a new debt restructuring agreement between Kaltimex Rural Energy Corp. and the Tawi-Tawi Electric Cooperative (Tawelco) is expected to address around P400 million in unpaid obligations and help stabilize electricity service in the province, particularly in Bongao.

    DM Wenceslao tower gains PEZA status

    DM Wenceslao & Associates Inc.’s 8912 Asean Avenue has secured a major regulatory boost after the government declared the property a Philippine Economic Zone Authority–registered Information Technology Center, strengthening Aseana City’s appeal to global IT and business process management locators.

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