MANILA, Philippines – Foreign direct investments continued to rise in November last year amid the country’s rosy economic prospects, the Bangko Sentral ng Pilipinas reported yesterday.
MANILA, Philippines – Investments approved by the Philippine Economic Zone Authority (PEZA) surged by 250 percent in January from a year ago amid increased interest from companies to do business here.
MANILA, Philippines – The rapid outflow of foreign portfolio investments or hot money in the first three weeks of January may slow down soon as investors start looking again into the country’s strong macroeconomic fundamentals, the Bangko Sentral ng Pilipinas said yesterday.
MANILA, Philippines – Global research and consultancy firm Oxford Business Group said the growth in foreign direct investments (FDI) is expected to continue in the Philippines in 2014.
MANILA, Philippines – Sustained high economic growth, investment upgrades, and healthy macroeconomic fundamentals attracted a large amount of portfolio investments in 2013, bringing annual inflows to US$28.4 billion, the highest in 14 years.
Net foreign portfolio investments dipped by 2.7 percent year-on-year in November to $980.94 million, according to data from the Bangko Sentral ng Pilipinas over the weekend.
MANILA, Philippines – The Philippines had the lowest inflow of foreign direct investments (FDIs) in the East Asia and Pacific region last year, a unit of the World Bank said.
Funds attracted by upgrade Investments in local shares, bonds, and government securities surged in October amid the renewed optimism of international fund managers on emerging markets, data from the central bank showed.
MANILA, Philippines – Foreign direct investments (FDI) more than doubled in August on the back of sustained investor confidence in the Philippines, the Bangko Sentral ng Pilipinas (BSP) said yesterday.
Foreign portfolio investments (FPIs) flowed out of the country during the week in August when the rains poured in torrents and when apprehensions over the impact of the end of a period of lax monetary policies in the United States, known as quantitative-easing (QE) tapering, were at its highest, latest data from the Bangko Sentral…
Corruption in the Philippines remains a top concern among US businessmen and firms, placing it low on a list of their top destinations for expansion, a recent survey showed.
MANILA, Philippines – As business confidence in the Philippines reached a record last quarter, Japanese investment bank Nomura said this could be a precedent to a surge of fixed-term investments as investors, worried of high stock valuations, seek new places to park their money.
MANILA, Philippines – The Department of Finance (DOF) is calling for increased transparency, particularly on the grant of fiscal and non-fiscal incentives to various industries as part of the government’s good governance reform program.
MANILA, Philippines – The Department of Trade and Industry (DTI) wants to simplify the country’s incentive regime by repealing incentive-giving laws and putting all incentives under the Investment Priorities Plan (IPP).
MANILA, Philippines – Investments approved by the country’s four major investment agencies the Board of Investments (BOI), Philippine Economic Zone Authority (PEZA), Subic Bay Metropolitan Authority (SBMA) and Clark Development Corp. (CDC) – went up 39 percent in the first semester from a year ago, showing the increasing interest of investors here amid an improving…
Nearly P301 billion worth of investments approved from January to June this year are expected to create about 78,000 new jobs when the projects are in full operation, the four major investment promotion agencies of the Philippines said Thursday.
The European Chamber of Commerce of the Philippines (ECCP)—making a litany of “discouraging” changes in rules midstream—warned the government anew that there could be an exodus of foreign investors from the country if it does not do away with its wishy-washy tendencies.
MANILA, Philippines – Attracting foreign direct investments (FDI) to the country rests largely on the ability of local government units (LGUs) to cut red tape, according to Malacañang.
MANILA, Philippines – As Japan pursues its growth strategy, the Philippines remains an attractive investment destination for manufacturers, officials said yesterday.
MANILA, Philippines – With the investment-grade credit rating from Fitch Ratings in March, an improved international business reputation, and sound fiscal management, the Philippines is poised to become the next foreign direct investment (FDI) destination of Asia.
JOB GENERATION is crucial to an economy’s continued strength so the government should do more to attract investors, the Employers’ Confederation of the Philippines (ECoP) said. The ECoP, which today holds its annual National Conference of Employers (NCE), is looking to come up with a set of resolutions that will be presented to the Aquino…
MANILA, Philippines – After bagging two investment grades, the Philippines needs to institute structural reforms to cement its status as an investment destination, the country’s rating advisor said yesterday.
There’s no denying the fact of jobless growth. The figures stare labor, business, and government leaders in the face. The Philippines in 2012 posted Southeast Asia’s fastest economic rise at 6.6 percent. But it also had the worst unemployment of seven percent, and underemployment of 20 percent.
MANILA, Philippines – A surge in foreign investments would drive long-term growth, but it may also hurt the economy, according to British bank Barclays.
MUCH has been said about how relatively low the inflow of foreign direct investments to the Philippines is compared to other countries in the region. Foreign direct investment (FDI) inflows to the country actually went up by 9.8 percent from 2011 to $2.03 billion in 2012, according to the Bangko Sentral ng Pilipinas.
MANILA, Philippines – Capital flows to Southeast Asia have not reached pre-crisis levels, but central banks in the region would likely impose more measures to temper them and prevent a repeat of the financial crises in 1997 and 2008, an investment bank said.
FOREIGN PORTFOLIO investments remained strong in March but profit taking pulled the net result down for a second straight month, the Bangko Sentral ng Pilipinas (BSP) yesterday reported.
FOREIGN DIRECT investments (FDI) took a nosedive in January as equity capital shrank, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
The American Chamber of Commerce (AmCham) here is urging the government to look at the possibility of allowing full foreign ownership in public utilities without necessarily amending the Constitution.
The Philippines has just achieved another key milestone — an upgrade to “investment grade” status. Investment grade typically ushers two possible benefits. First, the country’s risk premium (the extra interest rate that international lenders charge for relatively weaker macroeconomic fundamentals like tax collection, debt sustainability and low and stable inflation) could decrease, which means there…