FDI net inflows up 30% in December 2023

Foreign direct investments (FDI) net inflow went up by 29.9 percent in December last year.

Data released by the Bangko Sentral ng Pilipinas (BSP) on Monday showed that FDI net inflows during the month amounted to USD826 million from USD636 million i…

Army braces for counterattack after 2 BIFFs die in clash

Military forces in Maguindanao del Sur have been placed on heightened alert after two extremists were killed in a clash with government forces in Datu Saudi Ampatuan town over the weekend.

As of Monday, military detachments in the adjoining towns of…

PSEi takes cue from weak US markets, peso ends strong

– The Philippine Stock Exchange index (PSEi) fell to 6,800-level on Monday taking cues from US markets, while the peso strengthened to 55.37 to the greenback.

‘Along with the Asian markets, the local bourse dropped by 69.97 points (1.01 percent) to …

180K passengers daily expected at NAIA during Holy Week break

– Airport authorities expect an influx of passengers this Holy Week, with about 180,000 travelers daily at the Ninoy Aquino International Airport (NAIA) alone.

Manila International Airport Authority (MIAA) Acting General Manager Eric Jose Ines said …

Bacolod City forms action team to improve water supply

Mayor Alfredo Abelardo Benitez has formed a coordinating action team mainly to expedite the implementation of vital infrastructure to improve water supply for Bacolodnons.

In Executive Order 014, series of 2024, Benitez said the body, which he chai…

PBBM’s efforts to promote PH pay off with US trade mission arrival

Lawmakers on Monday said the country is now seeing the results of President Ferdinand R. Marcos Jr.’s efforts to promote the country to foreign investors with the arrival of the high-level United States (US) trade and investment mission in the Phili…

PBBM appoints new DOF senior officials

President Ferdinand R. Marcos Jr. has appointed new senior officials in the Department of Finance (DOF) who would support Secretary Ralph Recto in ensuring long-term fiscal sustainability and accelerating inclusive economic growth.

In a statement on…