Economy

BSP-registered FPIs net outflows in 2021 lower by 86.5% compared to 2020

Bangko Sentral ng Pilipinas (BSP)-registered foreign portfolio investments (FPIs) in December 2021 recorded net outflows of US$4 million, bringing the total net outflows for 2021 to US$574 million.  Nonetheless, the full-year net...

IPAs point to COVID-19, high costs of doing business, foreign equity restrictions as among investments barriers

In recent reports to the Fiscal Incentives Review Board (FIRB), investment promotion agencies (IPAs) identified the COVID-19 pandemic, high costs of doing business, and foreign equity restrictions in the Philippines as...

Inflation averages 4.5% in 2021

The Bangko Sentral ng Pilipinas (BSP) releases the final issue of the quarterly BSP Inflation Report covering the period October to December 2021. Beginning in the first quarter of 2022, the Inflation...

PH GDP up 7.7% in Q4 2021

The Philippine Statistics Authority (PSA) announced Thursday (Jan. 27) a 7.7% growth in the country’s gross domestic product (GDP) in the fourth quarter of 2021, bringing the full year economic growth...

NEDA bares three priority areas for public-private sector collaboration on PH economic recovery

The government and the private sector need to collaborate to help improve the prospects for economic recovery, increase productivity in the country, and respond to climate change, said the National Economic...

PH stocks index recovers, peso little changed from US dollar

MANILA – Bargain hunting lifted the local bourse on Friday, Jan. 21, following its negative close in recent days while the peso ended the week sideways against the greenback.

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