Net FDI hits $686M in March; surges 42.1% in first quarter

NET foreign direct investments (FDI) rose in March from a year earlier but were markedly lower compared to February, Bangko Sentral ng Pilipinas (BSP) data released on Monday showed. At $686 million, net FDI was 23.1 percent more than the year-ago $557 million. Compared to the previous month’s $1.4 billion, …

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Out with predatory 5-6 lending schemes

“By fostering collaboration between government agencies, private institutions, and MSMEs, the AIF paves the way for a more prosperous and inclusive Philippine economy. The Philippine economy rests firmly on the shoulders of millions of micro, small and medium enterprises (MSMEs). These tenacious businesses, often family-run sari-sari stores or local handicraft …

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Inflation inching up, jobs outlook improving

Two key indicators of the country’s state of economic health provided ample assurance amid volatility in other spheres, as the Philippine Statistics Authority announced its latest inflation and jobs update. First, the inflation rate inched up to 3.9 percent last May, compared to 3.8 percent in April; but it was …

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Fight for freedom, sovereignty a continuing one — PBBM

President Ferdinand Marcos Jr.  President Marcos Jr. on Sunday underscored the importance of continuing the fight for freedom, especially in protecting the Philippines’ territory and sovereignty. “Sa nakaraang 126 taon at hanggang ngayon ay patuloy nating pinaglalaban ang ating kalayaan, kalayaan sa iba’t ibang aspeto ng ating pagka-Pilipino, higit dito, …

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Chinese accounts pounce on Mindanao secession issue to warn of ‘civil war’ in Philippines

This photo shows former President Rodrigo Duterte and Davao del Norte 1st District Representative Pantaleon Alvarez. Graphic design by Philstar.com / Anjilica Andaya  This report forms part of Philstar.com’s coverage of influence operations, which involve the spread of false information and propaganda that can mislead, cause confusion and prevent informed …

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GIR rebounds to $104.48B

THE country’s gross international reserves (GIR) rebounded in May to their highest level so far for the year, the Bangko Sentral ng Pilipinas (BSP) reported late Friday. At $104.48 billion, GIR has more than recovered from April’s $1.42-billion dip to $102.628 billion, which the central bank last month said was …

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