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....
Albay 2nd district Rep. Joey Salceda (left) and President Ferdinand "Bongbong" Marcos Jr. (Facebook) Albay 2nd district Rep. Joey Salceda gave props to President Marcos for facilitating the inflow of investments to the country, which has led...
State-run Bases Conversion and Development Authority (BCDA) met with business delegates from the United Arab Emirates (UAE) to explore investment opportunities in New Clark City. During the UAE Investment Mission to the Philippines, Arab businesses and sovereign wealth funds showed interest in...
Approved foreign investment pledges in the third-quarter of the year more than doubled, data from the Philippine Statistics Authority (PSA) showed. Total foreign investment commitments approved by investment promotion agencies (IPAs) increased by 109 percent to P27.3 billion in July to September...
Germany and Japan are the top foreign investors in the Philippines from January to September this year, a Cabinet official said. (Photo courtesy of PCO) Trade Undersecretary Ceferino Rodolfo said Germany has the biggest investment pledges with 80 percent of the P427-billion foreign...
Investors' confidence in the Philippines remains solid despite the decline in the country's foreign direct investment (FDI) inflows in the first half of the year, a Cabinet member said. Trade Secretary Alfredo Pascual said in a Presidential Communications Office (PCO) statement that this is...
Senator Sherwin Gatchalian on Friday, August 4 echoed assessments that President Ferdinand “Bongbong” Marcos Jr.’s request of a higher allocation for his official travels for next year is justifiable. Sen. Sherwin Gatchalian (Senate PRIB Photo) Gatchalian pointed this out...
Around $88 million worth of foreign investments are expected to materialize within the year, Trade and Industry Secretary Alfredo Pascual announced. (RTVM Screenshot) "The number that we expect to materialize in 2023 will total around $88 million – maliit pa ‘no (that's still small),"...
Not all foreign investment offers to the Philippines will materialize, Trade and Industry Secretary Alfredo Pascual said on Wednesday, July 12. DTI Secretary Alfredo Pascual (RTVM Screenshot) In a Palace briefing, Pascual explained that significant investments take time to implement, while some may...
