Net external liabilities fall 6.5% quarter on quarter at end-June
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
Xiamen-based companies express interest in PHL investments — BoI
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
China’s AIIB commits $100 million to support Asia-Pacific net-zero projects
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
Dairy breeder herd to be expanded via imports
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
Minority legislators seek to realign P673B in confidential, intel funds
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