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New SBMA Chief Eyes More Hotels, Infra Projects To Attract Investors

Businessman Eduardo Aliño takes the helm as the new Chairman and Administrator of the Subic Bay Metropolitan Authority on Monday.

Secretary Recto: Philippines To Welcome United States Investors

Finance Secretary Ralph Recto reaffirms the Philippines’ unwavering commitment to extend a ‘red carpet’ welcome to potential investors, in line with President Ferdinand R. Marcos Jr.’s directive.

Kimchi Exports Hit Record-High In 2023 Amid K-Content Popularity

South Korea’s exports of kimchi set a new record in 2023 amid the rising popularity of Korean entertainment content around the globe, data showed.

Philippines Records USD642 Million Balance Of Payments Surplus In December

The country’s balance of payments position posted a surplus of USD642 million in December last year.

BCDA Raises NAIA Terminal 3 Land Lease To PHP600 Million

The Bases Conversion and Development Authority is raising by threefold the lease price for the property where NAIA Terminal 3 is located.

Managing Inflation Backs Philippines Economic Expansion In 2024

ASEAN+3 Macroeconomic Research Office foresees the Philippines as the region’s fastest-growing economy, emphasizing the pivotal role of effective inflation management by the government.

Rosy Outlook For Travel Agencies As Filipinos Go On More Trips

The Philippine Travel Agencies Association projects a remarkable 25% growth in travel bookings for the year, fueled by the robust enthusiasm of Filipinos for domestic and international adventures.

Government Sticks To 6.5-7.5% GDP Growth Target For 2024

The government maintains its steadfast GDP target of 6.5 to 7.5 percent for 2024, amidst varied forecasts suggesting a potential divergence from the administration’s economic expansion goal.

3 Logistics Firms Eye Philippines As Asian Hub; Investing Over USD1 Billion In Clark

Clark Freeport and Special Economic Zone poised to become the regional hub in Asia as three logistics companies plan to establish facilities, reveals BCDA President and CEO Joshua Bingcang.

IPOPHL Targets Up To 10% Growth In Intellectual Property Filings In 2024

IPOPHL Director General Rowel Barba sets sights on a 5 to 10 percent surge in Intellectual Property filings this year.

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