Business News

  • Business News | 

    France aircraft carrier sails Indian Ocean in 2019

    MARSEILLE: France said Friday it would send its aircraft carrier to the Indian Ocean next year, to defend freedom of navigation at a time of growing Chinese assertiveness in disputed waters.

  • Business News | 

    2 more boats from France to be delivered in December 2018

    MANILA, Philippines — Two more fast patrol boats from France are expected to arrive in December to boost the Philippines’ maritime capabilities.

  • Business News | 

    Philippine public debt

    [Article in French only] La dette publique philippine rapportée au PIB enregistre une trajectoire à la baisse depuis cinq ans qui devrait se poursuivre.

  • Business News | 

    Philippine external debt

    [Article in French only] La dette extérieure philippine, libellée majoritairement en dollars, poursuit une trajectoire à la baisse depuis plus de 10 ans.

  • Business News | 

    Metro Manila Property Market Overview (3Q2018)

    In 3Q2018, the Metro Manila property market remained resilient amid headwinds from Peso depreciation, inflationary pressure, and rising interest rates. Office take-up remained healthy as IT-BPM companies sustained their expansion...

  • Business News | 

    IFC invests $3.4 B in East Asia, Pacific

    The International Finance Corp. (IFC), the private sector arm of the World Bank Group, has committed to invest $3.4 billion in businesses in East Asia and the Pacific within the year.

  • Business News | 

    September CPI: Still Climbing

    CPI inflation sustained its upward trajectory to 6.7% yoy in September 2018, up from 6.4% in August, albeit slightly below consensus expectation. Core inflation eased marginally to 4.7% yoy, from 4.8% in August. Given the recent...

  • Business News | 

    PH net external liabilities down 16.2 percent

    The country’s net external liability position as of end-June dropped by 16.2 percent to $28.4 billion from end-March of $33.9 billion, the Bangko Sentral ng Pilipinas (BSP) said, citing revaluation adjustments.

  • Business News | 

    Philippines targets $36 million export sales in SIAL Paris

    The Center for International Trade Expositions and Missions (CITEM), the export promotion arm of the Department of Trade and Industry (DTI), is set to leverage on the Philippines’ zero tariff privileges on selected products in...

  • Business News | 

    Port of Manila breaks collection record

    FOR the first time in almost a decade, the Bureau of Customs-Port of Manila (BoC-PoM) has registered five months of successive record-breaking revenue collection performances.

  • Business News | 

    Peso to start recovery in October – Guinigundo

    The expected inflows in October plus the reactivation of a foreign exchange (FX) hedging facility will prop up the local currency vis-à-vis the US dollar in the next weeks, according to a central bank official.

  • Business News | 

    US offers to finance infra projects

    The United States on Wednesday offered to help finance some of the infrastructure projects under the Duterte administration’s ‘Build, Build, Build’ program.

  • Business News | 

    Cryptocurrency trading rules eyed

    Cryptocurrency exchanges could be allowed to operate as trading platforms in the Philippines given growing global interest in virtual currencies, the Securities and Exchange Commission (SEC) said.

  • Business News | 

    Lower 2019 inflation possible – BSP chief

    Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. said they may still lower the 2019 inflation forecast of 3.7 percent after factoring in the slower second quarter growth when they meet for the policy stance next...

  • Business News | 

    GDP growth not seriously impacted by rate hikes – DOF

    Finance Secretary Carlos Dominguez on Tuesday said that recent interest rate hikes will not have a serious impact on the economy, thus allowing the government to keep its 2018 growth target of 7-8 percent for now.

  • Business News | 

    TRAIN, better admin improve gov’t H1 tax effort

    The national government’s efficiency in collecting taxes improved in the first semester of the year following the implementation of the first tax reform law along with the improvements in revenue collections, the Department of...

  • Business News | 

    FDIs up 49% on-year to $4.8 B in 5 months

    The country’s net foreign direct investments (FDI) increased by 49 percent year-on-year to $4.8 billion, boosted by growth in equity capital placements, the central bank reported.

  • Business News | 

    Metro Manila Real Estate Market Overview

    ​​JLL gives a Metro Manila real estate market snapshot of the Office, Residential, Retail and Hospitality sectors for the 2nd Quarter of 2018.

  • Business News | 

    BSP okays guidelines on reporting standards

    The Bangko Sentral ng Pilipinas (BSP) has approved the adoption of the Philippine Financial Reporting Standards 9 (PFRS 9)-Financial Instruments to promote prudence and transparency in financial reporting.

  • Business News | 

    Stock index rises above 7,800

    The benchmark Philippine Stock Exchange Index (PSEi) was off to a good start in August as it ended above the 7,800 level.

  • Business News | 

    Philippine economy to sustain growth momentum – First Metro

    First Metro Investment Corporation president Rabboni Francis Arjonillo says the country's gross domestic product may meet or even surpass the government's target of 7% in 2018

  • Business News | 

    Duterte okays merger of PhilExim with other guarantee firms

    MANILA – President Rodrigo Duterte has approved the merger of the Philippine Export-Import Credit Agency (PhilExim) with other state-run guarantee corporations particularly the Home Guarantee Corporation (HGC).

  • Business News | 

    BSP readies strong policy action vs inflation

    Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. yesterday said a strong – and the market will read that as aggressive tightening – response could be expected from the Monetary Board on August 9 to re-anchor...

  • Business News | 

    Investments up 27%, foreign equity rises 165% in first half

    Investment pledges approved by the Board of Investments in the first half of 2018 increased by 27 percent propelled by the huge 165 percent jump in foreign equity contribution.

  • Business News | 

    PHL franchise industry seen to grow by 15-20% this year

    THE LOCAL franchise industry is confident of breaching the P1-trillion revenue mark this year as it aggressively positions the Philippines as the “franchise hub of Asia.”

  • Business News | 

    Philippines capable of over 6.5% growth — S&P

    A higher economic growth is easily achievable for the Philippines as the national government ramps up infrastructure spending over the next few years, according to S&P Global Ratings.

  • Business News | 

    Philippine external debt down to $73.2B in Q1 2018

    The country’s outstanding external debt stood at $73.2 billion as of end-March, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday, June 14.

  • Business News | 

    Inflation starting to ease, says BSP

    Even as it raised interest rates for the second time in as many months, the central bank believes domestic inflation is nearing its peak and it is confident enough to lower its projections for this year and the next.

  • Business News | 

    Foreign investment pledges dip by 37.9% in Q1 2018

    Total foreign investment pledges during the 1st quarter of 2018 fell sharply by 37.9% compared to the same period last year, the Philippine Statistics Authority (PSA) said on Thursday, June 7.

  • Business News | 

    ADB raises funding for PH

    The Asian Development Bank will lend the Philippines a higher $945 million this year mainly for infrastructure projects as part of the Manila-based multilateral lender’s commitment to support the Duterte administration’s ambitious...

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    French Chamber of Commerce and Industry in the Philippines 


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