Investments

The Philippines has overtaken Thailand and Vietnam as the investment destination of choice in Asia among Japanese companies diversifying beyond China, a ranking official of the Japan External Trade Organization (Jetro) told The STAR.

MANILA, Philippines – Total investments approved by the Board of Investments (BOI) and the Philippine Economic Zone Authority (PEZA) recovered from 2014’s double-digit decline as these grew four percent last year on the back of sustained investor confidence in the country.

MANILA, Philippines – The intention of Japanese companies to expand business in the next one or two years in the 10-member countries of the Association of Southeast Asian Nations (Asean) has declined, but these firms still expect business to be profitable in countries like the Philippines, a survey by the Japan External Trade Organization (JETRO)…

MANILA, Philippines – Foreign direct investments (FDIs) in the Philippines have the potential to grow five times its present size should corruption and red tape be eliminated, a private sector-led group pushing for integrity standards said.

MANILA, Philippines — Fitch Ratings on Thursday gave the Philippines’ credit rating a “positive” outlook, an improvement from “stable”, on back of the economy’s proven resiliency against external shocks because of solid fundamentals.

MANILA, Philippines – The Philippines is among the more restrictive economies in the Southeast Asian region when it comes to foreign direct investments (FDIs), a recent study by the Economic Research Institute for Asean and East Asia (ERIA) showed.

Use the 2015 CRI online tool to gain a deeper understanding of a country’s change readiness. Select a country on the bar chart or drop-down list to get started. Read here.

What are the trends in Foreign Direct Investment in 2016? Each year since 1998, consulting firm A.T. Kearney sends a survey to its corporate clients to track the impact of likely political, economic and regulatory changes on the foreign direct investment intentions of top business executives.

Labor strikes, wage increase, and historical issues are reasons many Japanese manufacturers want to exit China and enter the Philippines MANILA, Philippines – Around 200 Japanese companies in China want to relocate their bases here in the Philippines, as declining economic growth and rising wages there are making it difficult for them to continue doing…

From the National Economic and Development Authority Ineffective and counter-productive laws and regulations must be repealed to boost the country’s competitiveness and encourage investments, according to the National Economic and Development Authority (NEDA).

MANILA – Money plunked by foreigners to put up businesses in the Philippines or expand existing ones was halved in the first three months of the year.

In the Doing Business 2015 report for the Philippines released by the World Bank Group released late last year, the country ranked 95th in terms of ease of doing business. Malaysia was 18th on the list, Thailand 26th, Vietnam 78th, Indonesia 114th, and Lao PDR 148th.

The European Chamber of Commerce of the Philippines (ECCP) warned Thursday that the country risked losing potential investments to its neighbors in the Association of Southeast Asian Nations (Asean) if the government would not adjust the current taxation system that has been a drag to the competitiveness of the local business environment.

THE PHILIPPINES posted the second biggest rank improvement among member economies of the Asia Pacific Economic Cooperation (Apec) in terms of ease of doing business over the last five years, according to state think tank Philippine Institute for Development Studies.

STANDARD & Poor’s (S&P) has maintained its credit rating on the Philippines at a notch higher than the minimum investment grade, citing the country’s strong external payments position, improving state finances, and healthy prospects for economic growth.

THE COUNTRY could finally penetrate the upper rungs of key global competitiveness lists this year, starting with the World Bank’s Ease of Doing Business report, following further simplification of procedures especially for entrepreneurs, public and private sector officials yesterday said in a briefing in Makati City. A memorandum of understanding was signed by representatives of…

MANILA, Philippines–Long-term foreign investments in the Philippines rose last year to its highest level in history as the country reaped the benefits of its recent turnaround into one of the region’s growth leaders.

MANILA, Philippines (Xinhua) – In 2014, the Philippines registered an all-time record of $6.2 billion in inflows of foreign direct investment (FDI) in what economic managers described as a clear indication that the country is well on the road to higher growth this year.

Japanese business delegation’s proposal MANILA, Philippines–Trade officials are mulling over the creation of economic zones that will cater specifically to small- and medium-sized foreign enterprises, following the suggestion made by a visiting Japanese business delegation last week.

Japanese companies are keen on investing in the Philippines MANILA, Philippines – Japanese companies are keen on investing in the Philippines, but the government needs to address obstacles such as infrastructure gaps, high transport and power costs, for funds to be poured in here, officials of the Japan Chamber of Commerce and Industry (JCCI) said.

Although top executives of Japan’s major companies remain keen on investing in the Philippines given the country’s “strong growth potential,” they continue to stress the need for the government to address pressing concerns, such as high power costs, which are necessary to create a more conducive environment for trade.

MOODY’S Corp. and the Organization for Economic Cooperation and Development (OECD) highlighted the Philippines’ improving economic position at the Asia-Pacific Economic Cooperation (APEC) Chief Executive Officers’ (CEO) Summit, a Palace official said.

MANILA, Philippines–Despite the healthy growth seen over the past several years, the Philippines’ overall economic performance in the last three decades has remained “poor” compared to other member states of the Asean as it continued to lag behind its neighbors in terms of growth rates, trade relations and investments.

The National Competitiveness Council says it will put in writing its complaint against the new methodology applied in the 2014 report, which made it appear that the Philippines has slid in its ranking MANILA, Philippines – The decision of the World Bank to change the methodology in the annual World Bank-IFC Ease of Doing Business…

The country shows significant decline in 4 of 11 areas in the life cycle of a business, a World Bank report shows MANILA, Philippines – Setting up business in the Philippines seems not improving, as it slid down from 86th to 95th place, the latest “Doing Business” report of the World Bank showed.

The business process outsourcing sector will sustain the real estate momentum toward 2016, CBRE Philippines reports MANILA, Philippines – While business process outsourcing (BPO) will continue to drive the office space sector, non-BPO operations like front office, regional headquarters, and brick and mortar headquarter offices are beginning to locate in the Philippines, citing competitive costs.

2014 News Releases For Immediate Release September 16, 2014 Filipino investors optimistic on pensions, but based on some risky assumptions – Manulife Survey The majority of Filipino investors are satisfied with their government pension – but that sentiment is based on specific assumptions and a cash-dominant approach to retirement working out, according to the latest…

Foreign direct investments (FDI) representing capital infused in domestic business ventures that remain invested for the long haul flowed inward on net basis in June this year, totaling $588 million, the Bangko Sentral ng Pilipinas said on Wednesday.

IF the proposed anticompetition law seeks to stop giant local companies from keeping local competition down and foreign competition out, then that law is a yes. But if it seeks to break up local giants, which are now dominating the Philippine market and getting the lion’s share of a cash-rich, even if entirely deindustrial­ized country—after…

MANILA, Philippines – Top Japanese automakers in the Philippines are threatening to shift production to cheaper Southeast Asian countries as the government drags its feet on a plan to rebuild its shrinking car manufacturing industry.