Investments

11 Mar 2024 – Philippine investment inflows declined in 2023 — BSP data

Published by rudy Date posted on March 12, 2024
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Yearender: Investment bodies upbeat; industry groups say more must be done

Published by rudy Date posted on December 31, 2021

by Louella Desiderio – The Philippine Star, 31 Dec 2021 MANILA, Philippines — Investment promotion agencies have high hopes that more firms will be pouring funds and expanding operations in 2022, given reforms that aim to provide a more conducive environment for business.

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PCCI: Senate OK of PSA amendments a Christmas gift

Published by rudy Date posted on December 18, 2021

by Louella Desiderio – The Philippine Star, 18 Dec 2021 MANILA, Philippines — Senate approval of amendments to the Public Service Act (PSA) to allow 100-percent foreign ownership of a wide range of local business enterprises was described as “sort of a Christmas gift” by the Philippine Chamber of Commerce and Industry (PCCI).

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Bold actions on FDI needed to ensure economic recovery

Published by rudy Date posted on December 16, 2021

by Louise Maureen Simeon – The Philippine Star, 16 Dec 2021 MANILA, Philippines — The Philippines should incorporate flexibility and revamp its policies on foreign direct investments (FDIs) to ensure economic recovery as capital inflow across the region will still be challenging in the near term.

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JFC renews call for change to Public Service Act

Published by rudy Date posted on December 14, 2021

by Louella Desiderio – The Philippine Star, 14 Dec 2021 MANILA, Philippines — Foreign business groups in the country have renewed their call to Congress for the passage of amendments to the Public Service Act (PSA), emphasizing the importance of the measure inattracting more foreign direct investments.

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FDIs jump 44% to $7.3 billion in 9 months, break target

Published by rudy Date posted on December 11, 2021

by Lawrence Agcaoili – The Philippine Star, 11 Dec 2021 MANILA, Philippines — The net inflow of foreign direct investments (FDIs) expanded for a fourth straight month in September, prompting the Bangko Sentral ng Pilipinas (BSP) to raise its 2021 target to $8 billion.

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Foreign investments slump in Q3

Published by rudy Date posted on December 8, 2021

by Louise Maureen Simeon – The Philippine Star, 8 Dec 2021 MANILA, Philippines — The return of restrictive lockdown measures in the third quarter discouraged foreign investments during the period, with overall resources being poured into the country nowhere near recovery.

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Business groups warn against keeping Philippine industries closed to increased foreign investment

Published by rudy Date posted on September 20, 2021

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FDIs soar 60% in June, highest in five months

Published by rudy Date posted on September 11, 2021

by Lawrence Agcaoili – The Philippine Star, 11 Sep 2021 MANILA, Philippines — The net inflow of foreign direct investments (FDIs) soared by 60.4 percent to hit a five-month high in June as more multinational companies pumped in additional money to their affiliates in the Philippines amid the pandemic, according to the Bangko Sentral ng…

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Foreign investments rebound in Q2

Published by rudy Date posted on September 10, 2021

by Louise Maureen Simeon – The Philippine Star, 10 Sep 2021 MANILA, Philippines — Foreign investments in the country improved in the second quarter as the economy gradually reopened, but remain far behind local funders in the overall tally.

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Japanese investors urged to expand Philippines operations

Published by rudy Date posted on September 9, 2021

by Louella Desiderio – The Philippine Star, 9 Sep 2021 MANILA, Philippines — The Department of Trade and Industry (DTI) is urging Japanese firms to consider investing and expanding operations in the country citing opportunities in manufacturing, construction, services and renewable energy.

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Philippine credit downgrade imminent — ING

Published by rudy Date posted on August 27, 2021

By Beatrice M. Laforga, 27 Aug 2021 The Philippines should brace for a credit rating downgrade next year after Fitch Ratings adjusted its outlook to negative from stable on dimming growth prospects, an economist from ING Bank N.V. Manila said.

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Renewed virus fears drive FDI decline in May

Published by rudy Date posted on August 10, 2021

by Ramon Royandoyan (Philstar.com), 10 Aug 2021 MANILA, Philippines – Foreign direct investments slumped in May amid growing investor unease over the spread of highly contagious coronavirus variants, the Bangko Sentral ng Pilipinas reported Tuesday.

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PEZA bats for more ecozones in Calabarzon

Published by rudy Date posted on August 8, 2021

by Louella Desiderio (The Philippine Star), 8 Aug 2021 MANILA, Philippines — The Philippine Economic Zone Authority is pushing for the development of more ecozones in CALABARZON (Cavite-Laguna-Batangas-Rizal-Quezon) for priority industries including automotive, electronics, as well as information technology – business process management (IT-BPM).

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Japanese firms eye Philippine investments but cite concerns

Published by rudy Date posted on July 19, 2021

by Louella Desiderio (The Philippine Star), 19 Jul 2021 MANILA, Philippines — Japanese electronics and medical device makers are looking to invest over $3 billion for expansion projects in the Philippines, but have cited some operational and fiscal bottlenecks.

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World Bank: Philippines needs reforms on FDI

Published by rudy Date posted on July 16, 2021

by Louise Maureen Simeon (The Philippine Star), 16 Jul 2021 MANILA, Philippines — The Philippines should expedite the passage of key reform measures that would boost foreign direct investments (FDIs) and aid the country in its long-term recovery from the pandemic, the World Bank said.

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Foreign direct investment hits record high in the Philippines amid uncertainty over regulatory reforms

Published by rudy Date posted on June 16, 2021

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Oligopolies stall Philippines development; more FDI needed – Salceda

Published by rudy Date posted on June 14, 2021

by Delon Porcalla (The Philippine Star), 14 Jun 2021 MANILA, Philippines — The Philippines remains a laggard among its Asian neighbors, partly because of the influence oligopolies have over practically all administrations and, as such, local tycoons’ businesses thrive and deprive the country of much-needed foreign direct investments.

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Foreign chambers back changes to Public Service Act

Published by rudy Date posted on May 25, 2021

by Louella Desiderio (The Philippine Star), 25 May 2021 MANILA, Philippines — Foreign business groups want Congress to immediately approve the bill seeking to update the 85-year-old Public Service Act to encourage more investments from overseas.

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PEZA bullish on Japanese firms investments in ecozones

Published by rudy Date posted on May 18, 2021

By Kris Crismundo, 18 May 2021 MANILA – An official of the Philippine Economic Zone Authority (PEZA) said the agency remains optimistic on investments from Japanese companies despite the coronavirus disease 2019 (Covid-19) pandemic.

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Ecozone investments climb 54% to P25.4 billion

Published by rudy Date posted on May 13, 2021

by Louella Desiderio (The Philippine Star), 13 May 2021 MANILA, Philippines — Investment pledges approved by the Philippine Economic Zone Authority (PEZA) rose by 54 percent in the first quarter from a year ago despite the ongoing coronavirus pandemic.

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Peza presses lifting of ban on new ecozones in NCR

Published by rudy Date posted on May 5, 2021

By Roy Stephen C. Canivel, 5 May 2021 The Philippine Economic Zone Authority (Peza) has asked President Duterte to lift the ban on new economic zones in Metro Manila that had discouraged call center companies from either setting up shop or expanding in the capital.

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BOI-approved investments up 66% to P138 billion in Q1

Published by rudy Date posted on April 20, 2021

by Louella Desiderio (The Philippine Star), 20 Apr 2021 MANILA, Philippines — Total projects approved by the Board of Investments (BOI) rose 66 percent in the first quarter from a year ago, a top trade official said.

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FDIs hit $961 million in January

Published by rudy Date posted on April 13, 2021

by Lawrence Agcaoili (The Philippine Star), 13 Apr 2021 MANILA, Philippines — Foreign direct investments worth $961 million entered the Philippines in January, a notable 41.5 percent increase from $679 million a year ago, the Bangko Sentral ng Pilipinas (BSP) said yesterday.

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‘PH favored for US, European investments’

Published by rudy Date posted on March 11, 2021

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FDI inflows slump 25% to $6.54 billion

Published by rudy Date posted on March 11, 2021

by Lawrence Agcaoili (The Philippine Star), 11 Mar 2021 MANILA, Philippines — The net inflow of foreign direct investments (FDIs) slumped to its lowest level in five years after contracting by 24.6 percent last year as the country continues to struggle to contain the spread of COVID-19 cases, according to the Bangko Sentral ng Pilipinas…

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PHL only one in Southeast Asia to avoid shrinking FDI

Published by rudy Date posted on January 26, 2021

By Elijah Felice Rosales, 26 Jan 2021, Businessmirror THE Philippines was the lone economy in Southeast Asia to avoid a contraction in foreign direct investments (FDI) last year, as FDI inflows to the country went up 29 percent in spite of all the challenges posed by the Covid-19 pandemic.

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BOI-approved investments down 11% in 2020

Published by rudy Date posted on January 11, 2021

by Louella Desiderio (The Philippine Star), 11 Jan 2021 MANILA, Philippines — Total investments approved by the Board of Investments (BOI) reached the P1 trillion level last year, but was down 11 percent compared to 2019 amid the pandemic.

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Total PEZA project approvals exceed 300

Published by rudy Date posted on December 25, 2020

by Louella Desiderio (The Philippine Star), 25 Dec 2020 MANILA, Philippines — Total projects approved by the Philippine Economic Zone Authority (PEZA) reached over 300 for the year, which are expected to create 70,000 jobs.

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Foreign investment approvals down 72.8% to P75.6B

Published by rudy Date posted on December 12, 2020

by Ben O. de Vera, Philippine Daily Inquirer, 12 Dec 2020 Foreign-led projects approved by the country’s investment promotion agencies (IPAs) in the third quarter fell 83 percent to P31 billion amid prolonged COVID-19 quarantine.

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July 30 – World Day
Against Trafficking in Persons

“One life trafficked, one too many!”

 

Invoke Article 33 of the ILO constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of Forced Labour and Freedom of Association protocols.

 

Accept National Unity Government
(NUG) of Myanmar.
Reject Military!

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