Bangko Sentral ng Pilipinas main office in Manila. — BW FILE PHOTOTHE Philippines’ net external liability position declined 6.5% at the end of June, the Bangko Sentral ng Pilipinas (BSP) said.Citing preliminary data, the BSP said the international investment position (IIP) was a net external
XINHUATHAI.COMFIVE companies from Xiamen in southern China have expressed interest in investing in Philippine electric vehicle (EV) manufacturing, infrastructure, green metals, and mining projects, the Board of Investments (BoI) said.In a statement on Tuesday, the BoI said that the companies indicated their interest in investing
REUTERSBEIJING-BASED Asian Infrastructure Investment Bank (AIIB) has committed $100 million to help Asia-Pacific countries adopt low-carbon technologies and practices.The AIIB said in a statement that $75 million was committed to the Actis Asia Climate Transition Fund, while $25 million will go towards co-investment.“This marks AIIB’s
REUTERSTHE National Dairy Authority (NDA) said on Tuesday that it is looking to expand the herd at its stock farms ahead of plans to boost overall dairy animal numbers.“The NDA will be aggressively importing cattle for our stock farms for the herd to multiply under
BW FILE PHOTOMINORITY LEGISLATORS at the House of Representatives called for P673 billion worth of budget realignments to support agriculture programs and wage subsidies.The Makabayan bloc proposed to reduce allocations for so-called confidential and intelligence funds to generate funding for the desired programs.The legislators were
THE Department of Trade and Industry (DTI) said its financing unit, the Small Business Corp., has partnered with the Philippine Franchise Association (PFA) to promote franchising as a means of boosting entrepreneurship and job creation.Acting Trade Secretary Cristina A. Roque said a memorandum of agreement
RAWPIXEL/FREEPIKTHE Philippine framework on sustainable finance is prone to subjective interpretations in the absence of quantitative criteria, according to the Institute for Energy Economics and Financial Analysis (IEEFA).According to a report written by Ramnath N. Iyer, IEEFA’s sustainable finance lead for Asia, the Philippine and
DanceSydrome, a charity founded in Lancashire in 2009, has been selected to travel to Japan to showcase their innovative approach in supporting individuals with learning disabilities to become leaders. This project is part of a larger effort to promote inclusion in Japanese society.Through dance, DanceSyndrome
Last Updated on: Open Property Group recently conducted a survey within its database to highlight some of the most common myths associated with Professional Cash House Buying companies.Jason Harris-Cohen, Managing Director of Open Property Group, underscored the significance of transparency, saying, “We were keen to
UK retailers have reported the steepest fall in shop prices in three years as unseasonably wet weather in September pushed stores to offer significant discounts in a bid to attract shoppers. According to the latest figures from the British Retail Consortium (BRC) and NielsenIQ, shop prices
Martha Lane Fox, co-founder of Lastminute.com, has been appointed co-chair of a new government panel tasked with guiding the reform of public sector services through technology. The panel of 12 experts, which includes industry leaders and academics, will support the government in optimising technology across public
Mulberry, one of Britain’s most iconic luxury brands, has turned down an £83 million takeover bid from Mike Ashley’s Frasers Group, stating it did “not recognise the company’s substantial future potential value.” The board of Mulberry said it had carefully considered the offer, consulting with its