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MANILA (Xinhua): Foreign direct investment (FDI) net inflows into the Philippines hit a new record level at US$10.5 billion, breaching the previous best performance in 2017, the Philippine central bank said on Thursday (March 11).

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A day after the result was declared for the Uttar Pradesh Assembly elections, BSP chief Mayawati, whose party managed to win just one seat, called the polls “a lesson”.

BJP focussed on caste equations in Uttar Pradesh more than any other party. It courted and consolidated the non-Yadav OBC vote and the non-Jatav Dalit vote.

“Lies like the BSP contesting elections not as strongly as the SP were also spread. This was widely publicized, while the truth is contrary because the BSPs fight with the BJP is political as well as ideological,” she added, adding this also took away the anti-BJP Hindu votes, too, from her party. 🗳️ Uttar Pradesh Assembly Election Results 2022: Mayawati Says Its Supporters Feared ‘Jungle Raj If SP Returned, Voted for BJP.

The Bangko Sentral ng Pilipinas has blacklisted two more unregistered money changers as the regulator steps up its campaign against illegally operating money service businesses .

 

Huge, frenzied crowds causing a near stampede at his election rallies across Uttar Pradesh had led many to believe that Samajwadi Party (SP) president Akhilesh Yadav was poised to give the BJP a run for its money, if not beat the saffron party with his alliance partners Rashtriya Lok Dal (RLD) and Suheldev Bhartiya Samaj Party (SBSP) in the Assembly polls. Although Akhilesh

The net inflow of foreign direct investments soared by 54.2 percent to hit an all-time high of $10.52 billion last year, as global investors returned following the country’s exit from the pandemic-induced recession, the Bangko Sentral ng Pilipinas said.