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Foreign investments down to $423 million in October on resurgence of COVID-19 cases

ABS-CBN News
Posted at Jan 08 05:01 PM

Foreign direct investments to the Philippines reached $423 million net inflows in October, a 24.5-percent drop versus a month ago on increasing COVID-19 cases, the Bangko Sentral ng Pilipinas said on Friday. Read more »

PH books $227-M 'hot money' net inflows in November

ABS-CBN News
Posted at Dec 28 07:23 PM

The Philippines booked $227 million in net inflows of foreign portfolio investments or "hot money" in November, the Bangko Sentral ng Pilipinas said on Monday. Read more »

'Hot money' yields $439-M net inflows in October: BSP

ABS-CBN News
Posted at Nov 26 02:26 PM

Hot money posted net inflows in October, reversing 7 consecutive months of outflows, the Bangko Sentral said in a statement. Read more »

Foreign direct investments hit $637-M in August, up for fourth straight month

ABS-CBN News
Posted at Nov 11 12:30 PM

The Philippines booked a $637 million net inflow of foreign direct investments (FDI) in August, which was 46.9 percent higher compared to the same month last year, the Bangko Sentral ng Pilipinas said on Wednesday.    Read more »

Philippine economy poised to recover in Q3 from 'rock bottom' Q2 figures: BSP

ABS-CBN News
Posted at Oct 23 11:04 AM

Bangko Sentral ng Pilipinas Gov. Benjamin Diokno said the third quarter gross domestic product would be better than the "rock bottom" second quarter figures after the reopened economy showed "positive indicators."   Read more »

Philippine economy 2020: How it started vs how it's going

Warren de Guzman and Edson Guido, ABS-CBN News
Updated as of Oct 21 04:51 PM

The year 2020 was supposed to bring in nearly $9 billion in net foreign direct investment inflows, a near 10 percent growth in tourism income, and the steady, ever-so-reliable dollar income stream of overseas Filipino remittances and business process outsourcing. Trade was also seen continuing at a deficit, as the Philippines imported more to feed its growing appetite for infrastructure and foreign goods and services. Read more »

FDI net inflows hit $797 million in July, up for third straight month: BSP

ABS-CBN News
Posted at Oct 12 02:16 PM

This was the third consecutive month that the country's FDI net inflows grew, as investor sentiment improved partly due to the easing of quarantine measures and gradual improvements in economic activity, the BSP said.  Read more »

Foreign direct investments up in June as advanced economies reopen: BSP

ABS-CBN News
Posted at Sep 15 05:24 PM

Net inflows of foreign direct investments (FDI) grew 7.1 percent in June to $481 million compared to the same month last year, the Bangko Sentral ng Pilipinas said Tuesday.  Read more »

Foreign direct investment inflows rebound in May after 3 straight months of decline

ABS-CBN News
Posted at Sep 02 03:39 PM

The Bangko Sentral ng Pilipinas said net inflows of foreign direct investments (FDI) grew 42.4 percent to $399 million in May compared to the same month last year.    Read more »

Pandemic shrinks inflows of foreign direct investments in April

ABS-CBN News
Updated as of Jul 22 01:52 PM

The Bangko Sentral ng Pilipinas said Wednesday net inflows from foreign direct investments shrank in April as investors put their plans on hold due to the coronavirus pandemic. Read more »

Philippines needs policy clarity to lure foreign funds: analyst

ABS-CBN News
Posted at Jun 22 10:12 AM

The Philippines needs "more clarity" in policies to lure foreign investors, more importantly during the COVID-19 pandemic, a Fitch Solutions analyst said Monday.  Read more »

Diokno: FDIs in PH could reach record highs this year

Bruce Rodriguez, ABS-CBN News
Posted at Jan 25 12:55 AM

Foreign direct investments into the Philippines could revisit record highs in 2020, according to the country's central bank governor Benjamin Diokno on Friday. Read more »

Euro chamber urges PH government to honor sanctity of contracts

ABS-CBN News
Posted at Jan 21 05:18 PM

The European Chamber of Commerce of the Philippines (ECCP) says the Philippine government should honor the sanctity of contracts or risk losing more foreign investors. Read more »

FDI net inflows down 36.9 pct in Jan-Sept

ABS-CBN News
Posted at Dec 10 11:32 PM

The Philippines booked $556 million in net inflows of foreign direct investments in September, lower by 2.9 percent compared to the same month in 2018.    Read more »

Dissecting Data: Foreign direct investments fall in first half

ABS-CBN News
Posted at Sep 11 04:25 PM

Foreign direct investments declined in the January to June period compared to the same period in 2018. At $3.58 billion, the first half haul was valued lower compared to the first 6 months of 2017. Read more »

House OKs changes to Foreign Investments Act

ABS-CBN News
Updated as of Sep 09 09:33 PM

Lawmakers in the lower house of Congress have approved amendments to a law governing foreign investments in the Philippines. Read more »

Policy uncertainties seen as culprit in slowdown of FDI inflows to PH

ABS-CBN News
Updated as of Aug 28 06:08 AM

Both government officials and economists agreed the quick passage of the country's second set of tax reforms would help bring back foreign direct investments. Read more »

Dissecting Data: Foreign Direct Investments in PH underperform in first 5 months of 2019

ABS-CBN News
Posted at Aug 15 07:37 PM

The Philippines is still trailing behind its neighbors when it comes to foreign direct investments. Read more »

PH foreign direct investment inflows slow down in May

ABS-CBN News
Posted at Aug 13 11:51 PM

Foreign direct investment inflows slow down in May.  Read more »

Economic indicators 3 years into Duterte presidency

Edson Guido, ABS-CBN News
Updated as of Jul 19 09:45 PM

The country's gross domestic product (GDP) growth of 5.6 percent for the first quarter of 2019 was the lowest in 4 years, since the first quarter of 2015's 5.1 percent. It ended the 15 consecutive quarters of at least 6 percent growth. Read more »