Investments

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.

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).

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.

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.

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.

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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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…

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.

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.

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.

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.

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).

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.

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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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.

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.

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.

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.

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.

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.

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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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…

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.

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.

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.

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.