March 11, 2024

Oil prices down over demand concerns in China

Oil prices decreased on Monday amid concerns over the demand outlook in China, the world’s biggest crude importer, following data released last week.

International benchmark Brent crude traded at USD81.97 per barrel at 10.28 a.m. local time (0728GMT…

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BCDA bags P86-B deal from biz mission in Australia

The Bases Conversion and Development Authority (BCDA) on Monday announced that it sealed a PHP86 billion (USD1.53 billion) worth of investments from its recent business mission in Australia.

The business mission coincided with the official visit of…

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PBBM appoints new DOF senior officials

President Ferdinand R. Marcos Jr. has appointed new senior officials in the Department of Finance (DOF) who would support Secretary Ralph Recto in ensuring long-term fiscal sustainability and accelerating inclusive economic growth.

In a statement on…

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FDI net inflows up 30% in December 2023

Foreign direct investments (FDI) net inflow went up by 29.9 percent in December last year.

Data released by the Bangko Sentral ng Pilipinas (BSP) on Monday showed that FDI net inflows during the month amounted to USD826 million from

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