FDI flows continue to slide in November

Net inflows of foreign direct investments continued to decline in November, as uncertainty over the coronavirus pandemic continued. — PHILIPPINE STAR/MICHAEL VARCAS FOREIGN DIRECT investment (FDI) net inflows to the Philippines continued to drop in November, albeit at a slower pace, the Bangko Sentral ng Pilipinas (BSP) said. Preliminary data from the BSP showed FDI […]

Mindanao bats for P1.35-T allocation in 2022 budget

The Mindanao Development Authority is hoping to get a P1.35-trillion allocation in the 2022 national budget. — COURTESY OF DEPARTMENT OF PUBLIC WORKS AND HIGHWAYS By Marifi S. Jara, Mindanao Bureau Chief THE MINDANAO Development Authority (MinDA) will push for a P1.35-trillion allocation in the 2022 national budget, representing 27% of the proposed P5-trillion spending […]

Stay connected and win a Honda Brio

Honda Cars Philippines to give away brand new Brio and other exciting prizes Honda’s automobile business unit in the Philippines, will be giving away exciting raffle prizes for Honda car owners who will update their contact information by March 18, 2021. As part of its efforts to stay connected with its customers, the company encourages […]

Prudential Guarantee Acci-Shield+ offers insurance coverage for Dengue

Prudential Guarantee is offering Acci-Shield+, a program that provides insurance coverage to clients who may contract dengue—cases of this disease can now be all year round.  The coverage fee for one year costs only P300. For this amount, Acci-Shield+, part of Prudential Guarantee’s Personal Accident Plan, issues one-time cash assistance of P20,000 to a client […]

No to ‘Cha-cha’ at this time

The Financial Executives Institute of the Philippines (FINEX) released the following statement last month in reaction to the House of Representatives’ renewed push for Charter change (Cha-cha): “We agree that the economic provisions of the Constitution must be amended to make the country a more attractive investment destination. Having said that, we are strongly opposed […]

Stuff to do (02/12/21)

1 of 4 Regine Velasquez Valentine’s concert postponed ABS-CBN Events and IME have postponed the Freedom: Regine Velasquez-Alcasid Digital Concert scheduled on Feb. 14 because Ms. Velasquez-Alcasid was recently exposed to someone who tested positive for coronavirus disease 2019 (COVID-19) and is now in quarantine. ABS-CBN, in a statement, said all tickets sold for the […]

Private sector commits support to national government’s COVID-19 vaccination program

With the impending arrival of the first batch of vaccines under the COVAX global vaccine sharing facility this month, the private sector coalition that launched Taskforce T3 (Test, Trace, Treat) vowed to strengthen its ongoing collaboration with the national government to accelerate the pace of the vaccination program roll-out. “The private sector eagerly anticipates the […]