Investments

by Daxim L. Lucas, Philippine Daily Inquirer, Jun 10, 2019 MANILA, Philippines—The flow of job-creating investments into the Philippines slowed in the first quarter of the year after going strong in 2018, according to the Bangko Sentral ng Pilipinas (BSP).

by Ian Nicolas Cigaral(Philstar.com), 6 June 2019 MANILA, Philippines — Committed foreign direct investments rose more than three-fold in the first quarter of 2019, data released by the Philippine Statistics Authority on Thursday showed.

by Louella Desiderio (The Philippine Star), June 3, 2019 MANILA, Philippines — Investments for projects registered with the Philippine Economic Zone Authority (PEZA) continued to decline by 25 percent in the January to April period from a year ago on lingering concerns of both existing locators and prospective investors on the government’s plan to change…

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By Butch Fernandez, Philippine Daily Inquirer, May 28, 2019394 THE chairman of the Senate Committee on Economic Affairs is moving to update the 28-year-old Foreign Investment Law, aiming to lure more foreign direct investments (FDI) into the country to create more jobs.

by ABS-CBN News, May 20, 2019 MANILA — Incentives for companies in economic zones help offset high operating costs in the Philippines, making the country more attractive to foreign investors, the head of a manufacturing group said Monday.

by Daxim L. Lucas, Philippine Daily Inquirer, May 10, 2019 February surge fails to lift long term investments into PH dip in first two months MANILA, Philippines — A surge of long term equity inflows in February failed to reverse a weak start for investments into the Philippines as fewer multinational firms sent funds to…

By: Daxim L. Lucas, Inquirer Business, Mar 11, 2019 MANILA, Philippines – Long term equity investments into the country weakened in 2018 as foreign firms infused less capital into local ventures — capping off five straight months of weaker inflows — the latest data from the Bangko Sentral ng Pilipinas (BSP) showed.

By Cai Ordinario, Business Mirror, Feb 14, 2019 In file photo: Containers are stacked at the Manila North Harbor in Manila. The Bureau of Customs is mandated to complete the inspection of container vans in the country’s ports within 24 to 48 hours. ADDRESSING the port congestion being experienced by truckers and manufacturers in the…

By Rea Cu, Business Mirror, Feb 14, 2019 BUSINESS applications will be deemed automatically approved if the government agency handling the application fails to assess it within the prescribed period. This will be a key feature in the proposed implementing rules and regulations (IRR) of the ease of doing business (EODB) law, the Anti-Red Tape…

By: Roy Stephen C. Canivel, Philippine Daily Inquirer, Jan 23, 2019 Fewer Japanese companies want to expand in the next two years amid concerns over labor issues and tax reform, according to a survey by the Japan External Trade Organization (Jetro).

by Louella Desiderio, The Philippine Star, Jan 14, 2019 MANILA, Philippines — Investment pledges with the Philippine Economic Zone Authority (PEZA) fell 41 percent last year from 2017 amid investor concerns on government’s plan to change the incentives regime under its tax reform program.

by Reuters, Dec 26 2018 BEIJING — China issued on Tuesday a so-called “negative” list that specifies industries where investors, domestic or foreign, are either restricted or prohibited, as part of efforts to standardize market entry rules for all players.

By: Roy Stephen C. Canivel, Philippine Daily Inquirer, Dec 24, 2018 The Board of Investments (BOI) registered P907.2 billion worth of investment pledges for 2018, setting another all-time high for the second year in a row.

By: Roy Stephen C. Canivel, Inquirer Business, Dec 06, 2018 Logistic costs ate up around 27 percent of sales among manufacturing firms in the Philippines last year, the highest among selected Southeast Asian countries, a new survey showed.

By: Roy Stephen C. Canivel, Philippine Daily Inquirer, Nov 24, 2018 Electronics exporters, who largely account for the country’s exports, are willing to pay more for a tax that has subsequently made their operations easier through the years sans meeting any red tape nightmare.

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by Manila Standard Business, Oct 20, 2018 Manila has regained the second spot among the world’s top 100 ‘super cities’ for the outsourcing industry which is now being transformed by digital services.

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by Vincent Mariel P. Galang, BusinessWorld, Sep 6, 2018 Approved foreign investment pledges rose by 70.4% in the second quarter, its highest in almost three years, the Philippine Statistics Authority said.

by Bilyonaryo, Aug 30, 2018 The country will lose its luster as an investment destination if the tax perks are removed. The government should say goodbye to foreign investments if it is so bent on passing package two of the tax reform program, the Philippine Ecozones Association (PHILEA) said.

By: Roy Stephen C. Canivel, Philippine Daily Inquirer, Aug 30, 2018 Japanese firms say the transition period towards rationalized tax incentives is too short, which will leave them struggling under a business climate seen as “one of the worst in Asia Pacific.”

by Louella Desiderio (The Philippine Star) – Aug 28, 2018 MANILA, Philippines — The Philippine Economic Zone Authority (PEZA) remains optimistic that investments registered with the agency would grow this year, although at a slower pace than the 8.89 percent posted last year, due to uncertainties on the proposed tax reform program to rationalize incentives…

by Bilyonaryo, Aug 23, 2018 Finance Secretary Carlos Dominguez III said the surge in foreign direct investments (FDIs) in the last 17 months prove that investors are now flocking to the Philippines because of its exciting growth prospects, rather than the fiscal incentives.

The Bangko Sentral ng Pilipinas (BSP) has revised upwards its FDI inflow projection to $9.2 billion instead of $8.2 billion this year amid the anticipated higher net inflow and lower net outflow in the other investments account. by Lawrence Agcaoili (The Philippine Star) – Jun 18, 2018 MANILA, Philippines — The Philippines is seen booking…

By BusinessMirror Editorial, Jun 7, 2018 The American Chamber of Commerce of the Philippines (AmCham) is an important part of the local business scene and has been for nearly 100 years. Its stated purpose: “The Chamber exists to serve the interests of Philippine and American businesses through the participation of members in promoting their long-term…

By Cai Ordinario, BusinessMirror, May 29, 2018 The country’s Regular Foreign Investment Negative List (RFINL) remained silent on other restrictions that prevent foreign investors from making better investment decisions, according to a consultant of the state-owned think tank Philippine Institute for Development Studies (PIDS).

by Dharel Placido, ABS-CBN News, May 28, 2018 MANILA (UPDATE) – President Rodrigo Duterte on Monday signed the Ease of Doing Business Act, delivering on a campaign promise to make government transactions faster.

By: Roy Stephen C. Canivel, Philippine Daily Inquirer, May 25, 2018 Trade Secretary Ramon Lopez found the latest world competitiveness report “hard to believe,” after the country’s overall ranking suffered the most significant decline in Asia and the Pacific despite its recent economic growth.