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Philippines seen attracting more foreign funds on growth prospects

ABS-CBN News
Posted at Jul 08 11:13 AM

The market has yet to price in the prospect of a slower policy easing pace by the US Federal Reserve, following the influx of strong economic data, said Julius Baer managing director Mark Matthews. Read more »

Net inflows of foreign direct investments fell in first quarter

ABS-CBN News
Posted at Jun 10 05:35 PM

Net inflows of foreign direct investments (FDI) in the Philippines fell in the first three months of the year, the Bangko Sentral ng Pilipinas said Monday.  Read more »

Duterte to Japanese businessmen: We will 'kill' investment problems

Arianne Merez, ABS-CBN News
Updated as of May 29 08:48 PM

Japanese businessmen's concerns will be addressed within 24 hours, Duterte told an investor forum in the Japanese capital, on his third official visit to the country.   Read more »

PH books $627-M balance of payments surplus in March

ABS-CBN News
Posted at Apr 17 04:25 PM

The Philippines booked a balance of payments (BOP) surplus of $627 million in March 2019, the Bangko Sentral ng Pilipinas said Wednesday.  Read more »

Philippines remains attractive for foreign investors, British trade group says

ABS-CBN News
Posted at Apr 17 03:54 PM

The Philippines remains attractive to foreign investors as businesses are looking at “new growth prospects” in Southeast Asia, British Chamber of Commerce Philippines chairman Chris Nelsonon said Wednesday. Read more »

Told US security at risk, Chinese firm seeks to sell Grindr dating app

Carl O'Donnell, Liana B. Baker and Echo Wang, Reuters
Posted at Mar 28 09:49 AM

The Committee on Foreign Investment in the United States (CFIUS) has informed Kunlun that its ownership of West Hollywood, California-based Grindr constitutes a national security risk, the two sources said. Read more »

Press freedom 'very important' for foreign investors, British trade envoy says

Cathy Yang, ABS-CBN News
Updated as of Feb 21 04:20 PM

Although press freedom in the Philippines appears “to be under some pressure,” the government is successful in reassuring foreign investors in terms of upholding the rule of law, he said. Read more »

Hanjin in talks with 'several' white knights for rescue: SBMA chief

ABS-CBN News
Updated as of Feb 06 09:56 AM

From 3,000 workers, Hanjin could be forced to keep just 300 when the last of 2 ongoing projects is finished and it fails to secure funding for further orders, said Subic Bay Metropolitan Authority Chairperson Wilma Eisma. Read more »

American Chamber pushes for further easing of foreign ownership caps

ABS-CBN News
Posted at Dec 07 04:55 PM

The American Chamber of Commerce of the Philippines welcomes the 11th edition of the Foreign Investment Negative List but more reforms can lead to "billions of dollars" in foreign investments. Read more »

CHART: Approved foreign investments rise in Q3

Edson Joseph Guido, ABS-CBN Data Analytics
Posted at Dec 07 04:21 PM

After plummeting year-on-year in 6 of the first 7 quarters of the Duterte administration, approved foreign investments rose in the last 2 quarters. Read more »

Foreign direct investments up from Jan-Aug: BSP

ABS-CBN News
Posted at Nov 12 10:57 PM

The Bangko Sentral ng Pilipinas said FDI net inflows reached $7.4 billion from January to August, which was 31 percent higher than the $5.7 billion net inflows registered in the same period last year. Read more »

Duterte updates investment list for foreigners, Filipino nationals

Dharel Placido, ABS-CBN News
Updated as of Oct 31 06:43 PM

Duterte issued Executive Order No. 65, the eleventh edition of the so-called foreign investment "negative list." Read more »

Duterte updates investment list for foreigners, Filipino nationals

ABS-CBN News
Posted at Oct 31 11:58 AM

President Rodrigo Duterte has updated the list of industries that are open to foreign investments and those that are limited to Filipino nationals. Read more »

HK cryptocurrency firm gets provisional license in PH

ABS-CBN News
Posted at Oct 30 03:15 PM

The provisional license will allow Hong Kong's Asia Premiere International Ltd firm to undertake cryptocurrency transactions. Read more »

PH promoted in UK as investment destination

ABS-CBN News
Posted at Sep 26 11:21 PM

Amid the rising expectations for higher inflation, Fitch Ratings and the Asian Development Bank both lower their growth outlook for the Philippines. Read more »

OPINION: Who’s leading the pack in ASEAN?

Karim Raslan -- Ceritalah ASEAN
Posted at Sep 14 11:21 PM

Sadly, the Philippines with its clapped-out infrastructure, expensive energy and notorious bureaucracy remains the outlier.  Read more »

Investments may be 'diverted' due to tax reform concerns: exporters' group

Warren De Guzman, ABS-CBN News
Updated as of Sep 13 07:20 AM

MANILA - Over US$1 billion investments for expansion ventures in the Philippine electronics industry have been "diverted" to other destinations as manufacturers became wary of the second package of tax reforms being pushed by the administration of President Rodrigo Duterte, an industry group said Wednesday.  Read more »

FDI net inflows up 42.4 percent in first half: BSP

ABS-CBN News
Posted at Sep 10 10:11 PM

The BSP said FDI net inflows reached $5.76 billion from January to June this year compared to $4.04 billion in the first six months of 2017. Read more »

Gov't urged to address ease of doing business, corruption to attract investments

ABS-CBN News
Posted at Aug 31 04:30 PM

Investment is all about trust and confidence, Guenter Taus president of the European Chamber of Commerce in the Philippines (ECCP) told ANC.    Read more »

Euro chamber sees potential challenges with TRAIN 2

ABS-CBN News
Posted at Aug 01 04:23 PM

The second package of tax reforms being pushed by the government presents potential challenges to foreign investors in the, the head of the European business lobby said on Wednesday.  Read more »