Investments

by Michelle Ong, ABS-CBN News, Apr 26, 2018 MANILA – Some Japanese companies may relocate their operations to other countries in Southeast Asia if fiscal incentives are removed in the second package of tax reforms in the Philippines, the head of the Japanese business lobby warned on Thursday.

by ABS-CBN News, Apr 25, 2018 MANILA – The European business lobby on Wednesday again cautioned against removing fiscal incentives for companies currently enjoying them and said the government’s proposed new corporate income tax rate still falls short when compared to those in other countries.

by Richmond Mercurio (The Philippine Star) – Apr 24, 2018 MANILA, Philippines — The Philippines climbed a notch higher in the list of the most preferred investment destinations of Japanese companies in the world despite the country’s political situation and security becoming a more prevalent concern for investors.

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by Lawrence Agcaoili (The Philippine Star), Apr 14, 2018 CLARK FREEPORT ZONE – The inflow of foreign direct investment (FDI) may reach $12 billion this year on the back of the country’s strong macroeconomic fundamentals, according to the National Economic and Development Authority (NEDA).

by Richmond Mercurio (The Philippine Star), Apr 13, 2018 MANILA, Philippines — The Department of Finance (DOF) and the Philippine Economic Zone Authority (PEZA) are bound to clash as the latter vowed to fight for the retention of the current set of incentives it is offering investors amid ongoing moves to rationalize fiscal perks.

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by Richmond Mercurio (The Philippine Star) – Mar 16, 2018 – MANILA, Philippines — The American Chamber of Commerce of the Philippines (AmCham) said yesterday it is pleased with the record foreign direct investment (FDI) inflows in 2017, but warned of a possible “dark cloud on the horizon” in terms of new investments. In a…

by Roy Stephen C. Canivel, Inquirer, Mar 15, 2018 Foreign direct investments (FDIs) in manufacturing reached $1.15 billion worth in 2017, a jump of 244 percent from year-ago level, preliminary central bank data showed.

by Daxim L. Lucas, Inquirer, Mar 12, 2018 Foreign businessmen brought in a record amount of investments into the country in the first full year of the Duterte administration owing to the Philippines’ strong economy, the Bangko Sentral ng Pilipinas said on Monday.

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by Roy Stephen C. Canivel, Inquirer, Feb 28, 2018 New investment pledges in the manufacturing sector plunged last year to almost 50 percent due to the uncertainty brought by the tax reform law, top officials of the Philippine Economic Zone Authority (PEZA) said on Wednesday.

by Ben O. de Vera, Inquirer, Jan 22, 2018 Even as the planned cut in corporate income tax rates will depend on the revenue gains of the second tax reform package, Finance Secretary Carlos G. Dominguez III expressed confidence that investors will understand the government’s thrust of balancing the grant of fiscal perks.

(The Philippine Star) – Jan 16, 2018 MANILA, Philippines — The Board of Investments (BOI) said it expects approved investment pledges to further soar to P680 billion this year following a record high P617 billion in 2017.

by Roy Stephen C. Canivel, Inquirer, Jan 3, 2017 The year has passed but more than P72 billion worth of investments to develop new economic zones still could not begin construction, a delay caused by the slow approval process in Malacañang.

by Roy Stephen C. Canivel, Inquirer, Jan 1, 2017 The Philippine Economic Zone Authority (Peza) failed to reach its ambitious target in investment pledges for this year despite reporting a single-digit growth from 2016, data showed.

(The Philippine Star) – Dec 21, 2017 MANILA, Philippines — The high costs of power and shipping, coupled with smuggling and corruption continue to burden majority of Philippine industries, a report by the Board of Investments (BOI) showed. In a policy brief, the BOI said opportunities abound for the Philippines to transform and upgrade its…

by Businessworld, Dec 19, 2017 PROJECTS approved by the Board of Investments (BoI) — which accounts for the biggest amount of such commitments among the government’s seven investment promotion agencies — have exceeded an official P500-billion target for 2017 by nearly a fourth at P616.7 billion weeks before the year ends, the BoI said in…

by Ben O. de Vera, Inquirer, Dec 11, 2017 A 61.8-percent jump in net inflows of job-generating foreign direct investment (FDI) in September to $754 million narrowed the year-on-year decline in the nine-month tally, the latest Bangko Sentral ng Pilipinas (BSP) data released Monday showed.

by Arra B. Francia, Businessworld, Dec 6, 2017 SOME Japanese food companies are keen on diversifying its exports to the Philippines, according to the New Supermarket Association of Japan (NSAJ).

by Businessworld, Dec 1, 2017 Oxford Business Group On the back of efforts to encourage more international business activity, the Philippines registered the highest rate of foreign direct investment (FDI) growth in the Association of the Southeast Asian Nations (ASEAN) region last year, with the country hoping to capitalize on the global attention generated by…

By Wilson Lee Flores (The Philippine Star), Nov 27, 2017 Research in Entrepreneur magazine shows that only one third (30 percent) of family businesses make it successfully to their second generation, while only 12 percent make it to their third generation. Those trends are also echoed by Ateneo Business School and professor Enrique “Eric” Soriano,…

By Richmond Mercurio (The Philippine Star), Nov 8, 2017 MANILA, Philippines — The Philippines remains a favored investment destination among Japanese companies as evidenced by the $6 billion worth of pledges secured during President Duterte’s recent visit to Japan , the Department of Trade and Industry (DTI) said.

By Richmond Mercurio (The Philippine Star), Nov 2, 2017 MANILA, Philippines — Despite reforms aimed at improving the business climate, the Philippines’ global ranking in ease of doing business has dropped significantly, based on a World Bank (WB) report.

By Richmond Mercurio (The Philippine Star), Oct 23, 2017 MANILA, Philippines — The country risks losing some P500 billion worth of investments due to the persistent delays in the proclamation of new economic zones, the Philippine Economic Zone Authority (PEZA) said.

By Buena Bernal Economics/Business, Philippines, Oct 20, 2017 Korean firms are leaving the Philippines, and something has to be done. South Korean companies, the third-largest investor in the Philippines, are increasingly departing for Vietnam and other Southeast Asian destinations, driven by lower costs, red tape and an aversion to Filipino worker militancy and their preference…

by MIKHAIL FLORES, Nikkei staff writer, Oct 12, 2017 A Philippine soldier stands guard in front of damaged buildings in Marawi City on Sept. 4. © Reuters MANILA — Foreign investors are increasingly watchful over the investment climate in the Philippines, as the latest foreign direct investment figures announced this week showed inflows had reached…

by Malaya, Oct 10, 2017 Investments registered with the Philippine Economic Zone Authority (PEZA) rose 94 percent in the first nine months of the year pushed largely by investments in ecozone development and manufacturing.

By Richmond Mercurio (The Philippine Star), Oct 9, 2017 MANILA, Philippines — Employers want more concrete developments and reforms to make the country a more attractive investment destination and are fed up with the bickering in government.

by Jose Galang, Sep 30, 2017 Despite the healthy economic fundamentals that the Duterte regime inherited from past administrations, as well as the strong political capital it enjoys, the economic managers seem to be having difficulty in converting these into equivalent foreign investment inflows.