foreign-direct-investment | ABS-CBN News

Foreign Chambers weigh in on proposed sovereign wealth fund

Warren De Guzman, ABS-CBN News
Posted at Dec 01 03:33 PM

Several foreign chambers in the country said on Thursday they were 'monitoring' the progress on the proposed Maharlika Sovereign Wealth Fund. Read more »

Bayer opens biggest ASEAN office in Philippines

Jekki Pascual, ABS-CBN News
Posted at Nov 23 06:44 PM

Health and nutrition giant Bayer has opened its newest Philippine headquarters in Taguig, which is also its biggest office in Southeast Asia. Read more »

European lawmakers may visit PH; more positive talks seen

Warren de Guzman, ABS-CBN News
Updated as of Nov 14 10:50 PM

European lawmakers could visit the Philippines next year, an ambassador said, adding that he expected more positive talks between Manila and the EU. Read more »

FDI net inflows slide to $471 million in June

ABS-CBN News
Posted at Sep 12 03:01 PM

The Philippines booked $471 million in net inflows of foreign direct investments in June, the Bangko Sentral ng Pilipinas said on Monday. Read more »

FDI net inflows hit $727 million in March, says BSP

ABS-CBN News
Posted at Jun 13 01:39 PM

The Bangko Sentral ng Pilipinas on Monday said net inflows from foreign direct investments reached $727 million in March 2022. Read more »

Incoming DTI chief eyes promoting digitalization, high-tech investments

ABS-CBN News
Updated as of May 30 11:48 AM

Incoming Trade Secretary Alfredo Pascual on Monday said digital transformation and bringing in more innovation-based foreign investments would be among his priorities once in office. Read more »

Japan's Tamiya to invest P2 billion in Cebu facility

ABS-CBN News
Posted at Apr 26 08:44 PM

Tamiya is one of the biggest makers of plastic and radio-controlled models of sports/racing cars, bikes, airplanes, ships, and battle tanks. Read more »

BOI says amended Public Service Act to boost growth

ABS-CBN News
Posted at Feb 08 03:57 PM

The Board of Investments said the amended Public Service Act will boost foreign direct investments and fuel economic growth once it is enacted into law. Read more »

FDI net inflows at $7.3 billion in first 3 quarters

ABS-CBN News
Posted at Dec 10 09:58 AM

The Philippines booked $660 million foreign direct investment net inflows in September, the Bangko Sentral ng Pilipinas said Friday. Read more »

FDI net inflows decline in May to $429 million

ABS-CBN News
Posted at Aug 10 03:20 PM

The Philippines booked $429 million in net inflows of foreign direct investments (FDI) in May, down 25.4 percent compared to the same month last year. Read more »

Foreign direct investment at $509 million in December, full year down to $6.5 billion: BSP

ABS-CBN News
Posted at Mar 11 11:09 AM

The Philippines booked a lower foreign direct investment inflows in December 2020, pushing the full year total to contract by 24.6 percent, the Bangko Sentral ng Pilipinas said. Read more »

PH hit P1T in investment pledges in 2020 despite pandemic, targets P1.25T in 2021

ABS-CBN News
Updated as of Feb 02 09:25 PM

The Philippines posted P1.02 trillion of approved investments last year despite the impacts of the pandemic, the Board of Investments (BOI) said Tuesday. Read more »

Retired SC justices, constitutionalists warn vs allowing Cha-cha amid pandemic

Sherrie Ann Torres, ABS-CBN News
Posted at Jan 27 10:30 PM

Retired Supreme Court justices and some constitutionalists on Wednesday cautioned the senators and the public against the possibility of political amendments being inserted in the 1987 Constitution should amending the charter be pursued.  Read more »

Drilon: Liberalizing economic provisions in Constitution possible without Cha-cha

Job Manahan, ABS-CBN News
Posted at Jan 27 06:13 PM

MANILA — Sen. Franklin Drilon on Wednesday said it is possible to liberalize the economy from restrictive economic provisions in the 1987 Constitution without amending it, as some lawmakers pushed for charter change due to mounting economic and health concerns because of the pandemic.  Read more »

China was largest recipient of FDI in 2020 - report

Reuters
Posted at Jan 25 07:53 AM

China was the largest recipient of foreign direct investment in 2020 as the coronavirus outbreak spread across the world during the course of the year, with the Chinese economy having brought in $163 billion in inflows. Read more »

China likely to benefit from Charter amendments, says '87 Constitution framer

ABS-CBN News
Posted at Jan 18 01:15 PM

China will most likely benefit if the Philippines opens its doors to foreign direct investment by liberalizing the Charter's economic provisions, one of the framers of the 1987 Constitution said Monday. 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 »

ANALYSIS: FDI and remittance flows into the Philippines are drying up

Warren de Guzman and Edson Guido, ABS-CBN Data Analytics
Updated as of Jul 22 07:09 PM

Foreign direct investment inflows into the Philippines are drying up at a fast pace, as remittances from overseas Filipinos also decline. Can we still expect a quick and robust economic recovery? 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 »