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Saturday, October 12, 2024

Economy & Trade

WB approves $287-m loan for PH digital infrastructure

The World Bank said Friday its board of executive directors approved a 268.22-million-euro ($287.24-million) funding for the Philippines Digital Infrastructure Project. It said in a statement the project is expected to benefit 20 million Filipinos and improve climate-resilient, secure and inclusive broadband connectivity across the Philippines. The project will invest in the government’s national fiber optic backbone, middle-mile, and last-mile connectivity infrastructure. It will also ensure that these facilities are secure...

Foreign direct investment net inflows grew 5.5% to $820m in July

NET inflows of foreign direct investments (FDI) grew 5.5 percent to $820...

PEZA reports 205% increase in ecozone jobs

The Philippine Economic Zone Authority (PEZA) on Thursday announced a 205 percent...

Exports, imports rose slightly in August—PSA

Philippine exports and imports increased slightly in August, the Philippine Statistics Authority...

PH factory output grew 2.8%in August, slowest in 4 months

Manufacturing output in the Philippines increased by 2.8 percent year-on-year in August...

Bangsamoro secured P4.7-b investments in 10 months

The Bangsamoro Board of Investments (BBOI) said Tuesday it secured P4.7 billion...

WB approves $287-m loan for PH digital infrastructure

The World Bank said Friday its board of executive directors approved a 268.22-million-euro ($287.24-million) funding for the Philippines Digital Infrastructure Project. It said in a statement the project is expected to benefit 20 million Filipinos and improve climate-resilient, secure and inclusive broadband connectivity across the Philippines. The project will invest in the government’s national fiber optic backbone, middle-mile, and last-mile connectivity infrastructure. It will also ensure that these facilities are secure...

Foreign direct investment net inflows grew 5.5% to $820m in July

NET inflows of foreign direct investments (FDI) grew 5.5 percent to $820...

PEZA reports 205% increase in ecozone jobs

The Philippine Economic Zone Authority (PEZA) on Thursday announced a 205 percent...

Exports, imports rose slightly in August—PSA

Philippine exports and imports increased slightly in August, the Philippine Statistics Authority...

LATEST Economy & Trade

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Philippines manufacturing grew 2.8% in August

Manufacturing output in the Philippines increased by 2.8 percent year-over-year in August 2024, according to the Philippine Statistics Authority (PSA). This represented slowdown from...

Philippines unemployment rate fell to 4% in August 2024

The Philippines’ unemployment rate declined to 4.0 percent of the labor force in August 2024, down from 4.7 percent in July and 4.0 percent...

Recto: Business-friendly reforms in PH roll out red carpet for investors

Finance Secretary Ralph Recto highlighted the Philippines’ business-friendly reforms to attract investors during a meeting with the Joint Foreign Chambers of the Philippines (JFC). The...

PH, Korean firms sign agreements on business,tourism tie-ups

The Federation of Korean Industries (FKI) and the Philippine Chamber of Commerce and Industry (PCCI) on Monday signed a memorandum of understanding (MOU) to...

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