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MANILA – Around USD14.2 billion worth of investment commitments from President Ferdinand R. Marcos Jr.’s foreign trips in the past 16 months have begun turning up as of December 2023, the Department of Trade and Industry (DTI) reported…
Philippine government-approved investments surged over sixfold in the third quarter of this year, with nearly 75 percent coming from local investors. According to the Philippine Statistics Authority (PSA), total approved investments from foreign and Filipino sources reached…
Multinational firms’ lending to their Philippine subsidiaries drove foreign direct investments (FDIs) to a five-month high in July, reaching halfway through the Bangko Sentral ng Pilipinas’ (BSP) 2024 projection. According to the BSP’s report, July saw a…
Five Japanese companies are interested in investing in the Philippines, according to acting Trade Secretary Cristina Roque. These companies include the Japan Institute of Design and Promotion, electronics manufacturer MinebeaMitsumi, merchandising firm Aeon Co. Ltd., and trading…
Foreign investment pledges approved by investment promotion agencies (IPAs) jumped by 220.07 percent in the second quarter compared to the same period last year, showing a strong rise in investor confidence, according to the Philippine Statistics Authority…
MANILA, Philippines — Tourism investments in the Philippines totaled P509 billion in 2023, the Department of Tourism (DOT) said. Tourism Secretary Christina Frasco said this amount was 34 percent higher than tourism investments obtained in 2022. She…
President Ferdinand Marcos Jr.’s visit to Washington last year has resulted in the US government organizing its first Presidential Trade and Investment Mission to the Philippines. Led by US Secretary of Commerce Gina Raimondo, the mission includes…
MANILA, Philippines — The Department of Trade and Industry (DTI) reported that President Ferdinand “Bongbong” Marcos Jr.’s foreign trips have obtained P4.019 trillion ($72.178 billion) worth of investments as of December 21. The Presidential Communications Office (PCO)…
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday, June 20. Man from Dalaguete, Cebu hacks own father after heated argument A family in…
MANDAUE CITY, Cebu — Danao City in northern Cebu is opening its doors to more investments in order to achieve its dream of becoming a model of sustainable development in the Province of Cebu and the rest…
The gross national product (GNP) of the Philippines is the money value of all goods and services produced in a given time period by Filipino entities. As a measure of aggregate economic activity, it works; more GNP…
To those who will become our next leaders, I would like to humbly suggest a governance agenda summed up in seven words/phrases that begin with the letter I, which I believe round up what our nation needs…
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