Duterte not stressed over China loans

CHINA SUPPORT President Duterte greets Chinese Ambassador to the Philippines ZhaoJianhua during a Chinese-Filipino business convention at Manila Hotel on Feb. 19. China hasrewarded the Duterte administration with loans and grants as the President builds closer tieswith the Asian economic powerhouse. —MALACAÑANG PHOTO (Editor’s Note: President Duterte will deliver his third State of the Nation…

Foreign financial investments into PH rose in Q1 on strong financial potential customers

Bangko Sentral ng Pilipinas. INQUIRER.net FILE PICTURE Inflows of foreign direct investments to the Philippines increased substantially in the first quarter of the year as financiers were assured by the country’s strong economy, the central bank stated on Monday.In a press statement, the Bangko Sentral ng Pilipinas said FDIs totaled $2.2 billion in net inflows…