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Hong Kong toy makers consider investing in PH
Toy manufacturers from Hong Kong are considering of investing in the Philippines as they showed strong confidence in the country. This was disclosed by the officers and members of the Toys Manufacturers’ Association of Hong Kong (TMHK) who joined an online information session with the Philippine...
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PH garment makers eye new $500-M export orders
Philippine garment factories expect to receive new orders worth up to $500 million from top global fashion brands as they start transferring production orders from troubled Myanmar to the Philippines and other Asian countries. Photo credit: (Philexport News and Features) Foreign Buyers Association...
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GIR slips to $108.8B in January
The Bangko Sentral ng Pilipinas (BSP) reported Monday that gross international reserves (GIR) dipped to $108.799 billion in January from December 2020’s $110.117 billion due to government withdrawals to pay for foreign-denominated loans, and changes in the price of gold. The BSP in a statement...
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BOI confident to achieve P1T investment goal in 2020
Trade and Industry Undersecretary Ceferino S. Rodolfo The Board of Investments (BOI), the country’s premier investment promotion and generation agency, is confident of hitting its P1 trillion investments target this year despite the pandemic that has slowed down domestic and global businesses....
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