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

Top News Jun Vallecera Jun Vallecera -
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

Top News Jun Vallecera Jun Vallecera -
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%

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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

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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

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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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Treasury bill yields ease as inflation hopes strengthen

Banking & Insurance 0
The Bureau of the Treasury fully awarded P50 billion worth of Treasury bills on Monday after robust investor demand drove borrowing costs lower across all tenors, signaling growing confidence that inflationary pressures may be easing despite lingering risks from energy prices.

STT GDC expands Philippine AI data center investments

Communications & Technology 0
ST Telemedia Global Data Centres (STT GDC) is accelerating its Philippine expansion, betting that surging demand for artificial intelligence and cloud computing will outweigh long-standing concerns over electricity costs and strengthen the country's position as a regional digital infrastructure hub.

Marcos’ SONA vow on nuclear energy hailed as key milestone for PH power future

Energy & Mining 0
President Ferdinand R. Marcos Jr.’s renewed support for nuclear energy during his 2026 State of the Nation Address is the strongest national backing for the power source since the Philippines adopted its nuclear energy roadmap, according to advocacy group Alpas Pinas.

SEC warns public vs fake PondoCash Facebook page

Corporate 0
The Securities and Exchange Commission (SEC) has cautioned the public about an unauthorized Facebook page using the name PondoCash.

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