foreign-investments | ABS-CBN News

Closing ABS-CBN sent 'bad signal' to investors - solon

ABS-CBN News
Posted at Feb 21 07:00 PM

Closing ABS-CBN sent a bad signal to investors about the business climate in the Philippines, a lawmaker said Tuesday. Read more »

PH books $793-M foreign direct investment inflows in November 2022

ABS-CBN News
Updated as of Feb 10 03:34 PM

The Philippines booked $793 million net inflows from Foreign Direct Investments in November 2022. Read more »

'Relaxing rules on foreign investments must be Cha-cha focus'

ABS-CBN News
Posted at Jan 28 12:08 PM

Cagayan de Oro City Rep. Rufus Rodriguez, chair of the House Committee on Constitutional Amendments, is not in favor of 'discussing political amendments'. Read more »

PH's London economic briefing seen to stir interest, attract investments: envoy

ABS-CBN News
Posted at Jan 27 10:34 AM

The recent Philippine Economic Briefing held in London is seen to create more interest in the Philippines for UK-based investors, British Ambassador to the Philippines Laure Beaufils said on Friday. Read more »

Foreign investment cap flagged as key roadblock in Philippines

Warren de Guzman, ABS-CBN News
Posted at Jan 23 10:17 PM

Philippine Economic Managers led by Finance Secretary Ben Diokno pitched the Philippines as a prime investment destination before prospective investors in Germany. Read more »

9 global firms 'willing to invest' in PH say econ managers

Pia Gutierrez, ABS-CBN News
Posted at Jan 19 03:52 PM

Nine international firms have so far signified interest in either investing or expanding their operations in the Philippines, according to Marcos' economic managers. Read more »

Marcos, Trade Chief Pascual woo Swiss mining firm Glencore in Davos

ABS-CBN News
Posted at Jan 19 12:35 PM

President Ferdinand Bongbong Marcos Jr along with Trade Secretary Alfredo Pascual met with the chief executive of the Swiss multinational company Glencore to discuss potential investments int the Philippnes' mining industry, the Department of Trade and Industry said on Thursday. Read more »

PH books $923 million FDI net inflows in October 2022, up by 6.3 pct

ABS-CBN News
Posted at Jan 11 08:58 AM

The Philippines booked a total of $923 million in foreign direct investment (FDI) net inflows in October, data from the Bangko Sentral ng Pilipinas showed. Read more »

FDI net inflows slip to $626 million in September

ABS-CBN News
Posted at Dec 12 03:04 PM

For September, FDI net inflows hit $ 626 million, which was 7.9 percent lower than the $680 million posted in the same month last year. Read more »

PH books $367-M ‘hot money’ net outflows in Sept: BSP

ABS-CBN News
Posted at Oct 27 03:27 PM

The BSP said outflows reached $1.259 billion last month while inflows reached $892 million. Read more »

PH ready for foreign investors in telcos, airports, roads: Diokno

ABS-CBN News
Posted at Oct 17 10:03 AM

The Philippines is ready to welcome revenue-generating foreign investments in telcos, airports and other industries, Finance Secretary Benjamin Diokno said. Read more »

FDI net inflows dip to $460-M in July: BSP

ABS-CBN News
Posted at Oct 10 12:16 PM

Net inflows of foreign direct investments declined to $460 million in July, which brought the total for the year to $1.5 billion, the Bangko Sentral ng Pilipinas said Monday. Read more »

Marcos Jr seeks continued trade partnership with US businesses

Jessica Fenol, ABS-CBN News
Updated as of Jan 21 03:20 AM

The Philippines is committed to nurture its mutually beneficial trade and business relationship with the United States, President Ferdinand Bongbong Marcos Jr said during a speech at the New York Stock Exchange on late Monday. Read more »

Foreign direct investments up by more than half in May

ABS-CBN News
Posted at Aug 10 01:17 PM

Foreign direct investments (FDIs) had net inflows totaling $742 million in May, up 64.1 percent compared to the same month in 2021, the BSP said. Read more »

Biden hails $22 bln investment by S. Korea's SK Group

Agence France-Presse
Posted at Jul 27 08:36 AM

President Joe Biden hailed progress in the US bid to revamp its 21st century economy after huge South Korean group SK announced a $22 billion investment in US semiconductor and other cutting edge industries. Read more »

The economy under Duterte

Jekki Pascual and Art Fuentes, ABS-CBN News
Updated as of Jul 14 11:52 AM

Marcos inherits from Duterte an economy that is on the rebound but which also faces challenges of high debt levels, rising inflation, and a lingering pandemic. Read more »

PCCI keen to see more ‘deliverables’ in Marcos SONA

Wena Cos, ABS-CBN News
Posted at Jul 12 07:10 PM

The SONA of President Ferdinand Marcos Jr. should offer more “deliverables” after his inaugural speech fell short of specific economic goals, PCCI said. Read more »

Scholar eyes risk as PH eases foreign business ownership

Kyodo News
Posted at May 17 04:46 PM

President-elect Ferdinand Marcos Jr. is likely to continue Duterte's infrastructure program, foreign borrowing and a friendly approach to China. Read more »

Foreign investors seek continuity in policies in next admin

ABS-CBN News
Posted at May 10 01:24 PM

Investors would like to see continuity in policies that aim to liberalize the Philippines in terms of foreign capital, the British Chamber of Commerce Philippines said. Read more »

New foreign ownership rules seen to spur investment

ABS-CBN News
Posted at Mar 22 12:40 PM

An influx of foreign capital to the Philippines is expected after the signing of the amendments to the Public Service Act, a foreign chamber official said Tuesday. Read more »