News

Investors 'positive' on PH despite caution on inflation

ABS-CBN News
Posted at Sep 19 10:50 AM

Potential investors still regard Filipinos' English language capability, said ICC Venture Partners senior managing director William Valtos Jr.   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 »

'High performing' firms need not worry over taxes under DTI proposal: Lopez

ABS-CBN News
Updated as of Sep 11 09:29 AM

Firms that export 90 to 100 percent of their output, generate "a lot" of jobs and manufacture "new products," can avail of a 15-percent tax on their net income under the DTI's proposal, which is "being worked on," Lopez said. 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 »

Nestle says 'here to stay' in Philippines

ABS-CBN News
Posted at Sep 07 12:32 PM

Nestle said it has been operating in the Philippines for 107 years and it is looking forward to doing business here in the next 100 years. Read more »

Facebook to build $1 billion Singapore data center, first in Asia

Agence France-Presse
Updated as of Sep 07 06:53 PM

Facebook said Thursday it will invest over $1 billion to build a data center in Singapore, its first in Asia, powered by renewable energy and adapted to the city-state's tropical climate.  Read more »

Investments from China, US are welcome, says Malaysia's Anwar

Katrina Domingo, ABS-CBN News
Posted at Sep 04 02:31 PM

Developing nations should welcome investments including those from China, notwithstanding concerns over a potential debt trap, Malaysian Prime Minister-designate Anwar Ibrahim said Tuesday. Read more »

China says will curb 'haphazard and redundant' auto investment

Yilei Sun and Norihiko Shirouzu, Reters
Posted at Sep 02 09:05 AM

China will strictly prevent 'haphazard investment and redundant development' in the automobile industry, an official from the state planning agency said on Saturday, apparently referring to proposed rules on automakers' investments in new capacity. 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 »

PH shares close back above 7,600

ABS-CBN News
Posted at Aug 22 11:10 PM

Philippine shares reopened to a strong trading session following Tuesday's public holiday.  Read more »

SM in talks for stake in Airspeed, expanding logistics business

Michelle Ong, ABS-CBN News
Posted at Aug 22 02:31 PM

SM Investments said Wednesday it was in talks to buy a minority stake in logistics firm Airspeed International. Read more »

Economy now 'investment-led,' says finance dept

ABS-CBN News
Posted at Aug 20 01:55 PM

The Philippine economy is becoming "more investment led," the Department of Finance said, citing recent data. Read more »

Dissecting Data: Tracking foreign direct investment flows

Edson Joseph Guido, ABS-CBN Data Analytics
Updated as of Aug 16 12:10 PM

Total foreign investments approved in the first quarter of 2018 by investment promotion agencies (IPAs) amounted to P14.2 billion, a contraction of nearly 38 percent compared to the P22.9 billion approved during the same period last year.   Read more »

SM revives Goldilocks deal, 'in final stages' of acquiring 34 stake

ABS-CBN News
Posted at Aug 13 04:20 PM

SM Investments Corp on Monday confirmed that it has revived its plan to buy Goldilocks Bakeshop Inc.  Read more »

Dissecting Data: What to expect from TRAIN 2

ABS-CBN News
Posted at Aug 03 04:08 PM

Corporate taxes are at the center of the second package of tax reforms, which the government hopes to pass in Congress this year. Read more »

The state of financial inclusion (or exclusion) in PH

Text by Art Fuentes; Infographic by Pamela Ramos, ABS-CBN News
Updated as of Aug 03 04:08 PM

The Bangko Sentral ng Pilipinas' (BSP) financial inclusion survey, conducted every 2 years, shows again how excluded a big majority of Filipino adults are from the financial system. But the BSP is urging banks to do something it.  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 »

Ecozone investments rest on tax reform outcome: FPIP boss

Cathy Yang and Jessica Fenol, ABS-CBN News
Updated as of Aug 29 12:21 PM

Companies are looking for "predictability" before investing, said First Philippine Industrial Park director and officer in charge Francis Giles Puno. Read more »

7-Eleven 'investing heavily' in digital, says CEO

Jessica Fenol, ABS-CBN News
Posted at Jul 19 08:14 PM

MANILA - The popular convenience store chain 7-Eleven is "investing heavily" in its digital payment system and e-commerce services, its operator said on Thursday. Read more »