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Downtrending FDI levels seen reversing over near horizon

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The Bangko Sentral ng Pilipinas (BSP projects a reversal in foreign direct investment (FDI) flows that have trended lower in recent months, resulting in...

Foreign debt rises 10.4% at end-June to US$117.92 billion

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The country's foreign debt stood at US$D130.18 billion as of end-June 2024, up by US$D1.49 billion or 1.2 percent from the USD128.69 billion as of end-March 2024.

Philippines affirms infrastructure, resilience commitment at World Planning Congress

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The Philippine government reinforced its commitment to improving infrastructure, advancing social development, and boosting community resilience at the 60th World Planning Congress, with Economic Planning Secretary Arsenio M. Balisacan highlighting the crucial role of strategic development planning in achieving the national long-term vision dubbed Ambisyon Natin 2040.

Foreign direct investment falls 29 percent in June to USD394M—BSP data

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Foreign direct investments in June declined 29 percent to USD394 million from USD555 million in the year-earlier period, data from the Bangko Sentral ng Pilipinas showed.

Higher transmission charge pushes Meralco rates higher in September

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The Manila Electric Co., the largest power distribution company in the country, said Wednesday electricity rates in September will increase mainly due to a higher transmission charge.
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Meralco wins pride award for building more inclusive workplace

Corporate Bulletins 0
Manila Electric Co., the country’s largest listed distribution utility better known as Meralco, is proving that powering the good life means powering a workplace where everyone belongs.

Slow LGU permitting still holding back telco rollout, even as reforms show early progress 

Communications & Technology 0
Globe Telecom is calling for quicker action from local government units on telecommunications permits, saying lingering delays remain a key barrier to expanding internet and mobile service—especially to far-flung and underserved communities. While recent reforms have yielded early results, bureaucratic inertia continues to slow down the rollout of critical infrastructure.

Tourism crossroads

Opinion 0
Christmas is coming, and with it, the annual homecoming of thousands of overseas Filipinos eager to reunite with their families, enjoy familiar food, visit favorite destinations, and celebrate the holidays in the Philippines.

Philippines eyes critical minerals investment at Australia mining meet

Energy & Mining 0
The Philippines will showcase investment opportunities across the critical-minerals value chain at Australia’s largest mining conference, seeking to attract capital that can transform its mineral resources into higher-value industries and strengthen its position in global supply chains.

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