Tag: Philippine Rice Research Institute (PhilRice)

Foreign direct investment (FDI) slowed down during the first four months of the year, as international companies pulled back on lending and retained earnings, overriding a noticeable bump in fresh equity investments. According to the latest data from the Bangko Sentral ng Pilipinas (BSP), this dip reflects a shift in how multinational companies are funding their local operations rather than a total loss of interest in the country's economy.

The Bureau of Internal Revenue (BIR) is accelerating its digital transformation drive after winning an international award for innovation, signaling its commitment to making tax compliance easier while improving the efficiency of revenue collection.

The domestic financial landscape is undergoing a major shift as Filipinos increasingly prioritize capital preservation over high-risk market exposure.

Senior Philippine defense officials and representatives from 22 foreign missions gathered Friday to mark the 10th anniversary of the landmark arbitral ruling on the West Philippine Sea, underscoring sustained international support for a rules-based maritime order amid continuing regional tensions.