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'Lehitimo': Tugade dinepensahan ang offshore investments

ABS-CBN News
Posted at Oct 05 08:26 PM

Sinabi ni Transportation Secretary Arthur Tugade na lehitimo at hindi ilegal ang pinagmamay-aring offshore company. Read more »

Tugade says offshore investments disclosed in SALN

ABS-CBN News
Updated as of Oct 05 02:54 PM

Transportation Secretary Arthur Tugade responded to a report by PCIJ saying he has an offshore company that was not declared in his SALN. Read more »

BSP seen keeping rates low for extended period

Jessica Fenol, ABS-CBN News
Posted at Sep 22 03:15 PM

The BSP is likely to maintain an accommodative monetary policy for an "extended period of time," an official of Citi Philippines said. Read more »

Medical, pharma firms to set up shop in ecozones

ABS-CBN News
Updated as of Sep 22 12:09 PM

A number of international medical and pharmaceutical firms will invest and will soon set-up shop within the country's economic zones, an official said Wednesday. Read more »

Business groups back Senate amendments to Public Service Act

ABS-CBN News
Posted at Sep 20 09:05 PM

In a statement, the business groups said they strongly support liberalization of the Philippine economy via amendments to the Public Service Act. Read more »

China to US: Unfreeze assets that belong to Afghanistan

Laura Zhou, South China Morning Post
Posted at Sep 16 01:40 PM

China has called on the United States to unfreeze assets belonging to Afghanistan, and thanked the Taliban-controlled government for guaranteeing the security of Chinese investments in the nation. Read more »

British biz group backs granular lockdown, vaccination drive

ABS-CBN News
Updated as of Sep 13 11:14 AM

The Philippines should ramp up its vaccination drive while allowing fully vaccinated individuals to operate in order to stimulate the economy, the British Chamber of Commerce in the Philippines said Monday. Read more »

Philippine FDI net inflows hit $833 million in June

ABS-CBN News
Posted at Sep 10 01:37 PM

The Philippines booked a total of $833 million in foreign direct investment net inflows in June, the Bangko Sentral ng Pilipinas said Friday. Read more »

Megaworld sets final offer price of REITs IPO

ABS-CBN News
Posted at Sep 10 12:04 PM

Megaworld on Friday said it has set the final offer price for its real estate investment trust offering MREIT at P16.10 per piece. Read more »

Gordon sees need to increase foreign direct investments in PH

Sherrie Ann Torres, ABS-CBN News
Posted at Sep 03 01:26 AM

Senator Richard Gordon raised concerns about the decreasing volume of foreign direct investments in the Philippines. Read more »

Hot money yields $340 million net outflows in July: BSP

ABS-CBN News
Posted at Aug 26 06:56 PM

Foreign portfolio investments (FPIs) registered with the central bank yielded net outflows of $340 million in July. Read more »

FDI net inflows decline in May to $429 million

ABS-CBN News
Posted at Aug 10 03:20 PM

The Philippines booked $429 million in net inflows of foreign direct investments (FDI) in May, down 25.4 percent compared to the same month last year. Read more »

Philam Life rebrands as AIA Philippines

Bruce Rodriguez, ABS-CBN News
Posted at Aug 09 12:36 AM

AIA Philam Life, a major insurance company in the Philippines, is rebranding itself to AIA Philippines, taking on the name of its Hong Kong-based parent company. Read more »

Metro Pacific eyes P12-B profit despite Delta threat

Bruce Rodriguez, ABS-CBN News
Posted at Aug 04 06:51 PM

MPIC president and chief executive officer Jose Ma Lim said all of the company’s businesses are doing well, especially the hospitals. Read more »

FINEX calls on Duterte to enact pending 'pro-business' measures

ABS-CBN News
Posted at Jul 27 02:51 PM

President Rodrigo Duterte should ensure that crucial "pro-business" bills are enacted into law before his term ends so as to attract more investments, a business group said Tuesday.   Read more »

Duterte's last SONA 'disappointing' due to lack of 'positive vision': economist

ABS-CBN News
Updated as of Jul 27 12:19 PM

President Rodrigo Duterte's 6th and last State of the Nation Address was "disappointing" for failing to bring hope for the people especially in the midst of a pandemic and the resulting "economic damage," an economist said Tuesday. Read more »

On last SONA, Duterte calls for passage of bills to attract foreign investment

ABS-CBN News
Posted at Jul 27 12:51 AM

President Rodrigo Duterte called on lawmakers to pass three priority bills meant to attract more foreign investments into the country.   Read more »

FDI net inflows more than double in April, hit $679 million

ABS-CBN News
Posted at Jul 12 05:43 PM

The Philippines booked $679 million in net inflows of foreign direct investments in April, up 114.4 percent compared to the same month a year ago, the Bangko Sentral ng Pilipinas said on Monday.  Read more »

PH books $417-M net inflows of hot money in May: BSP

ABS-CBN News
Posted at Jun 25 12:45 PM

The BSP said there were $1.46 billion gross inflows and $1.04 billion gross outflows of hot money registered with the central bank for the month. Read more »

Finance, trade chiefs sign CREATE IRR ahead of deadline

ABS-CBN News
Posted at Jun 25 11:36 AM

The Implementing Rules and Regulations (IRR) of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act was signed by concerned government agencies ahead of the July 10 deadline, the Department of Finance said Friday. Read more »