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PLDT to hike 5G investments in 2021 to boost 'customer experience'

ABS-CBN News
Updated as of Oct 23 10:41 PM

PLDT Inc said Friday it would boost 5G investments in 2021 to further improve customer experience.  Read more »

Imee Marcos seeks to 'defer' removal of tax incentives under CREATE bill

Katrina Domingo, ABS-CBN News
Posted at Oct 12 09:42 PM

Senate Committee on Economic Affairs chair Imee Marcos on Monday sought for the "outright deferment" a bill that would reduce incentives given to several businesses, saying the government needs to "protect" investors who have been creating jobs and generating revenue for the Philippines for several decades. Read more »

FDI net inflows hit $797 million in July, up for third straight month: BSP

ABS-CBN News
Posted at Oct 12 02:16 PM

This was the third consecutive month that the country's FDI net inflows grew, as investor sentiment improved partly due to the easing of quarantine measures and gradual improvements in economic activity, the BSP said.  Read more »

Dominguez bats for revival of mining industry to generate jobs

Warren de Guzman, ABS-CBN News
Posted at Oct 07 12:44 PM

Finance Secretary Carlos Dominguez said Wednesday the mining industry in the country must be revived to generate jobs especially in rural areas.   Read more »

SM Investments Corp lists P10 billion fixed rate bonds

ABS-CBN News
Posted at Oct 02 12:09 PM

SM Investments Corp said Friday it listed a P10 billion fixed rate bonds in the Philippine Dealing and Exchange Corp as part of its efforts to refinance debts. Read more »

Philippines, India pursue 'concrete' plans for enhanced trade, investments: DTI

ABS-CBN News
Posted at Sep 30 10:20 AM

The Trade Department said Wednesday Philippines and India were working to pursue "concrete" initiatives to enhance trade and investment between the two countries. Read more »

Carpio says Manila can file extended continental shelf claim in West PH Sea

ABS-CBN News
Posted at Sep 28 10:55 PM

Manila's top diplomat defended why the Philippines only saw a small fraction of China's investment pledge, but for a retired Supreme Court justice, instead of cozying up to Beijing, the country will gain more by fighting for its rights in the resource-rich West Philippine Sea. Read more »

90,000 businesses remain closed due to COVID-19 pandemic

Katrina Domingo, ABS-CBN News
Posted at Sep 28 06:07 PM

Trade Secretary Ramon Lopez on Monday said at least 90,000 businesses in the Philippines remain closed half a year after the country imposed a lockdown to prevent the spread of the coronavirus disease 2019 (COVID-19) in its most populous island, Luzon. Read more »

Recto wants long-time ecozone investors exempted from new tax rates under CREATE

Katrina Domingo, ABS-CBN News
Posted at Sep 23 11:03 PM

Recto pushed for the inclusion of a "grandfather rule" -- which allows existing investors in the country to enjoy status quo, while a new rule is applied to future investors -- in the Corporate Recovery and Tax Incentives for Enterprises bill. Read more »

SM bonds program gets regulator approval

ABS-CBN News
Posted at Sep 17 10:22 AM

The Sy-led conglomerate SM Investments Corp. (SMIC) P30 billion fixed rate bonds program has been approved by the Securities and Exchange Commission, the corporate watchdog said on Thursday. Read more »

4 types of UITF investments you need to know

Moneymax.ph
Posted at Sep 16 03:09 PM

Since everyone’s talking about investments nowadays, it’s time we shed some light on other popular and affordable options out there—namely, Unit Investment Trust Funds or UITF.  Read more »

Foreign direct investments up in June as advanced economies reopen: BSP

ABS-CBN News
Posted at Sep 15 05:24 PM

Net inflows of foreign direct investments (FDI) grew 7.1 percent in June to $481 million compared to the same month last year, the Bangko Sentral ng Pilipinas said Tuesday.  Read more »

Foreign direct investment inflows rebound in May after 3 straight months of decline

ABS-CBN News
Posted at Sep 02 03:39 PM

The Bangko Sentral ng Pilipinas said net inflows of foreign direct investments (FDI) grew 42.4 percent to $399 million in May compared to the same month last year.    Read more »

Coca-Cola says additional P1.1 billion investment 'vote of confidence' in PH

Jessica Fenol, ABS-CBN News
Updated as of Aug 27 02:52 PM

Coca-Cola Beverages Philippines Inc said Thursday its additional investment of P1.1 billion in the Philippines for 2020 despite the on-going pandemic is a "vote of confidence" in the country and its workers.   Read more »

Football: PSG, a club transformed, allow Qatar to bask in limelight of Champions League final

Andy Scott and Gregory Walton, Agence France-Presse
Posted at Aug 22 03:11 PM

If Paris Saint-Germain beat Bayern Munich in Sunday's Champions League final in Lisbon, the pictures will probably be of Neymar's tears of joy or wild scenes of celebration in the French capital, but basking in the glory of it all will be the Emir of Qatar.   Read more »

Some European firms in PH holding off expansion plans, new investments: study

Willard Cheng ABS-CBN News
Posted at Aug 13 06:21 PM

European companies operating in the Philippines are putting expansion plans on hold, with some withdrawing altogether new investments, a study released Thursday showed as the coronavirus pandemic impact operations. Read more »

Metro Pacific says cash pile cushioning impact of pandemic as income falls

ABS-CBN News
Posted at Aug 05 09:06 PM

Metro Pacific Investments Corp on Wednesday said it has enough cash to cushion itself from the impact of the COVID-19 pandemic even as its net income fell sharply in the first half.  Read more »

SM Investments says H1 net income down 69 percent, within expectations

ABS-CBN News
Posted at Aug 05 03:49 PM

SMIC’s retail, property and banking businesses all saw sharp declines in their incomes as the COVID-19 pandemic and the ensuing lockdowns sapped sales.  Read more »

Megaworld launches digital technology arm, invests in new delivery app PICK.A.ROO

ABS-CBN News
Posted at Aug 05 03:17 PM

Megaworld Corp said Wednesday it is venturing into digital technology investments to cater to shifting consumer behavior. Read more »

BSP says foreign portfolio investments yield net outflows in June

ABS-CBN News
Posted at Jul 30 12:00 PM

The Bangko Sentral ng Pilipinas said Thursday registered foreign portfolio investment yielded outflows in June. Read more »