Breaking News, Latest Philippines Headlines, World, Entertainment, Politics, Weather & Video News
(Eagle News) – Foreign direct investments in the Philippines reached an all-time high of $10.5 billion in 2021 despite the Covid-19 pandemic. The figure breached the previous high of US$10.3 billion in 2017. Malacanang announced this on Friday, March 11, presenting a report by the Bangko Sentral ng Pilipinas. “This growth reflects foreign investors’ confidence in our economy and certainly augurs well in our efforts for a strong economic rebound as we transition to […]
BRUSSELS – “Launching negotiations with the Philippines will represent an important milestone in the EU-Philippine relations and a further evidence of the EU’s commitment to Southeast Asia.” EU Trade Commissioner Cecilia Malmström and Philippine Secretary of Trade and Industry Gregory Domingo today agreed to start negotiations for an EU-Philippines free trade agreement (FTA). Both sides share the ambition to conclude an agreement that covers a broad range of issues, including elimination of customs duties and other barriers to trade, […]
MANILA – The European Union Delegation released its new EU-Philippines fact file, which describes and analyses economic trends in EU-Philippines relations with updated statistics of 2014. In 2014, EU – Philippines trade in goods increased to historic highs by 16% to €12.5 billion, while trade in services increased even stronger, by 17%, to €3.1 billion. This trade resulted in a surplus of €1.1 billion in goods for the EU and a surplus in services’ trade of […]
