Vice President Sara Duterte on Monday, June 16, warned business groups not to use her impending impeachment trial as an excuse for the country’s weak economy and loss of investor confidence. “Kahit nandiyan o wala yung impeachment, wala talagang investor confidence dito sa ating bayan (Whether...
Net inflows of brick-and-mortar foreign direct investment (FDI) into the Philippines fell to $498 million in March, the lowest in three months, as heightened political instability and lingering United States (US) tariff-led uncertainty eroded investor confidence. Net FDI inflows amounted to $498...
The Department of Trade and Industry (DTI) reported a 71 percent surge in approved investments to ₱3.54 trillion under the Marcos administration from July 2022 to April 2025, driven largely by renewable energy projects. In a statement, Trade Secretary Cristina A. Roque said the total includes...
The Philippine government is taking a step to keep South Korean nationals safe in the country by establishing a dedicated police desk for foreigners in police stations. Presidential Anti-Organized Crime Commission (PAOCC) Executive Director Gilbert Cruz said they have conducted a dialogue with the...
The Philippines, the world ’s top rice importer, is expected to purchase a record-high volume of rice in the upcoming marketing year (MY), as the country sees continued growth in consumption, according to the United States Department of Agriculture (USDA). In its latest “Grain: World Markets...
Net inflows of brick-and-mortar foreign direct investment (FDI) into the Philippines amounted to $529 million in February, marking a steep 61.9-percent decline from the $1.4 billion recorded in the same month last year, the Bangko Sentral ng Pilipinas (BSP) reported. FDI net inflows last February...
Mall vacancy is projected to return to pre-pandemic levels this year as foreign retail brands strive to capture the interest of a populace that still prefers shopping inside physical malls, according to a report by property advisory firm Colliers. In its first quarter Metro Manila retail report,...
Razon-led Manila Water Co. reported that its net income posted a 14 percent increase in the first quarter of 2025. In a disclosure to the Philippine Stock Exchange this Friday, May 9, the private water utility firm’s net income reached ₱3.5 billion in the first three months of 2025, up from...
Senator Loren Legarda on Thursday, May 8 said she is confident the signing into law of the measure improving the retirement benefits of officials and employees of the Department of Foreign Affairs (DFA) will help strengthen the foundations of Philippine diplomacy. Legarda pointed this out as she...
The Acquisition and Cross-Servicing Agreement (ACSA), a new logistics deal that the Philippines and Japan are currently negotiating, will pave the way for an increased security and defense cooperation between the two countries, Japanese Foreign Ministry spokesperson Kitamura Toshihiro said on...
Senator Joel Villanueva on Saturday, April 26, said that passage of his proposed legislation creating a Digital Nomad Visa (DNV) for foreigners gained traction following the issuance of Executive Order (EO) No. 86 by President Marcos. (Photo from Unsplash/MB file photo) EO No. 86 authorizes the...
The Philippines’ move to ease restrictions on government officials traveling to Taiwan to promote economic and trade relations will signal a more “substantive” cooperation, the Ministry of Foreign Affairs of Taiwan (MOFA) said. Philippine and Taiwan flags (AI-generated photos) ...
