The inflation rate for the first quarter this year is expected to fall within the central bank’s target band due to base effects, analysts from Manulife Investment Management and Trust Corporation (MIM PH) said. This as the Philippine Statistics Authority (PSA) reported the headline inflation in...
The Maharlika Investment Corporation (MIC) is set to enter an international governing body that will ensure effective operation and strengthen transparency of the state's wealth fund. This following the approval of MIC's proposal to apply for Associate Membership in the International Forum of...
The Maharlika Investment Corp. (MIC), an entity that manages the sovereign wealth fund, said it plans to raise $1 billion for energy projects alone by the end of the year. On the sidelines of an economic forum hosted by the German Club Manila, MIC President and Chief Executive Officer Rafael...
Manulife Investment Management and Trust Corporation (Manulife IM Philippines) has launched another first-in-the-market strategy, the Manulife Global Money Market Feeder Fund. In a statement, the firm said the fund is a unit investment trust fund (UITF) that aims to generate competitive US dollar...
Congressional Policy and Budget Research Department (CPBRD) Deputy Secretary General Dr. Romulo Emmanuel Miral Jr. (PPAB) An expert from the House of Representatives research department said the only way the Philippines can attract foreign investments is through...
(MANILA BULLETIN) Economists, industry leaders, and lawmakers expressed their support for the removal of restrictions on foreign investments on the rice and corn industry in a bid to boost food security and productivity in the country. During a roundtable...
Secretary Frederick Go of the Office of the Special Assistant to the President for Investment and Economic Affairs (SAPIEA) chaired his first Economic Development Group (EDG) meeting, which focused on enhancing the attractiveness of the Philippines to foreign investors. At the high-level...
National scientist and economist Raul Fabella during the roundtable forum at the House of Representatives (PPAB) National scientist and economist Raul Fabella has argued that amending the economic provisions of the 1987 Constitution can “significantly...
Albay 2nd district Rep. Joey Salceda answering questions during a press briefing. (Dexter Barro II, MANILA BULLETIN) The Philippine stock market will feel the immediate impact of an improved economy if the proposed amendments to the “restrictive”...
Foreign investors interested in entering the Philippines' renewable energy sector will be required to secure 167 signatures before they commence operations. While this may seem like a daunting number to many, an industry stakeholder pointed out that this requirement has already been reduced from...
The Presidential Communications Office (PCO) said President Marcos' overseas trips have been pivotal in generating serious investment interest in the Philippines, noting that 46 projects worth $14.2 billion have already started operating, completed registration, or commenced implementation....
The Marcos administration is set to offer Filipinos the opportunity to grow their hard-earned savings by investing at least P5,000 in the government’s upcoming retail Treasury (RTB) bond sale. The Bureau of the Treasury has announced that the government intends to raise more than P30 billion...
