News

ANALYSIS: Use of investment to boost GDP needs improvement

Jose Galang — Your Business
Posted at May 10 08:40 PM

With domestic interest rates now nudged upward and brewing trade and political conflict among the world’s largest economies posing constraints to the country’s exports, the Philippine economy—which the state statistics agency says grew by 6.8 percent in the first quarter—could be heading for a bumpy ride ahead. Read more »

Amazon may set up shop in Manila: PEZA chief

Michelle Ong, ABS-CBN News
Posted at May 10 11:42 AM

Amazon.com may set up shop in Manila, its second after the customer service facility in Cebu City that it launched recently, a government official in charge of foreign investments said Thursday. Read more »

PSEi sluggish amid corporate earnings, possible rate hike

ABS-CBN News
Posted at May 09 12:37 AM

The Philippine Stock Exchange index tried but failed to breach the 7,600 level as investors digest the latest slew of corporate earnings and brace for a possible rate hike from the Bangko Sentral ng Pilipinas. Read more »

Japanese gov't honors Jaime Zobel De Ayala

ABS-CBN News
Updated as of May 02 02:30 PM

Ayala Corp said Wednesday its chairman emeritus, Jaime Zobel de Ayala, was honored by the Japanese government for his work in strengthening relations between the Philippines and Japan. Read more »

Foreign businessmen urge PH gov't to be cautious on rationalization of fiscal incentives

ABS-CBN News
Posted at Apr 27 12:13 AM

American and Japanese businessmen express their worries over government's plan to rationalize fiscal incentives under the proposed second tax reform package. Read more »

JLL: Chinese telco, banking firms also interested in buying PH real estate

ABS-CBN News
Posted at Apr 26 01:47 AM

The boon of warmer relations between Beijing and Manila is trickling down to the Philippine property market. Read more »

Tax reform seen to encourage workers to invest

ABS-CBN News
Posted at Apr 16 12:01 PM

With higher take-home pay under lower income taxes, Filipinos should consider investing, an economist said. Read more »

Chinese firms holding off on US investment in Trump era

Agence France-Presse
Posted at Apr 13 09:47 AM

Some Chinese companies are holding off on US investment plans while they see how the trade dispute with President Donald Trump plays out, executives said Thursday. China Construction America acknowledged pausing some new US investment amid trade war fears. Read more »

Duterte ribs China: If you're poor, you're not my friend

ABS-CBN News
Posted at Apr 09 03:32 PM

President Rodrigo Duterte on Monday said in jest that he would not have befriended Beijing were it not for financial perks.  Read more »

3 Best Investments for Free-Spending Millennials

MoneyMax.ph
Posted at Apr 06 04:02 PM

Adulting is tough, more so for those who spend beyond their means. Read more »

Thanks to Duterte foreign policy shift, Russian, Chinese carmakers pivot to PH

Dominic Menor, ABS-CBN News
Updated as of Apr 06 04:13 AM

A year ago, seeing a participant from Russia and another from a state-owned Chinese car manufacturer at an auto show in the Philippines would’ve been unlikely, but this is the by-product of the drastic pivot in foreign policy under President Rodrigo Duterte. Read more »

OPINION: Guess who now fights for Big Business in the Senate

Jose Galang — Your Business
Updated as of Apr 02 04:58 PM

By his own declaration, Senator Juan Miguel Zubiri says Big Business now has a representative in the Senate — himself. Read more »

Metro Pacific acquires 49 pct of Vietnam's Tuan Loc Water

ABS-CBN News
Posted at Apr 02 11:27 AM

Metro Pacific Investments Corp said Monday its subsidiary bought 49 percent of one of Vietnam's largest water companies, as it seeks growth opportunities in the Southeast Asian nation. Read more »

Iniaalok na pagpapaganda ng NAIA, inilantad ng 'super consortium'

ABS-CBN News
Posted at Mar 21 11:37 PM

Pitong malalaking kompanya ang nagbuklod at nagbigay ng mga panukala sa pamahalaan para sa ikagaganda ng NAIA.  Read more »

Sereno ouster efforts must observe rule of law: Makati Business Club

ABS-CBN News
Posted at Mar 16 11:15 AM

Regardless of the result, efforts to oust Chief Justice Maria Lourdes Sereno should follow constitutional processes, the Makati Business Club said Friday. Read more »

ANALYSIS: Foreign investors move from direct equity to lending

Jose Galang -- Your Business
Posted at Mar 15 05:56 PM

More foreign investors in the Philippines now prefer extending loans to taking equity shares in local enterprises. Read more »

Philippines' ICC exit won't affect investments: trade chief

Michelle Ong, ABS-CBN News
Posted at Mar 15 01:55 PM

President Rodrigo Duterte's plan to withdraw the Philippines from the International Criminal Court is unlikely to turn off investors, one of his economic managers said Thursday. Read more »

Manufacturing investments grow 244 pct in 2017: trade chief

ABS-CBN News
Posted at Mar 14 01:10 PM

Manufacturing investments grew 244 percent to $1.15 billion in 2017, reflecting the potential of the sector to drive economic growth and create jobs, Trade Sec. Ramon Lopez said Wednesday. Read more »

Foreign direct investments reach record $10 billion in 2017: BSP

ABS-CBN News
Updated as of Nov 20 06:07 AM

Net inflows of foreign direct investments reached a record $10 billion (P521 billion) in 2017, reflecting the draw of a fast-growing economy on investors, official data released Monday showed. Read more »

ANALYSIS: A puzzling No. 1 ranking in investing options

Jose Galang -- Your Business
Updated as of Mar 09 08:04 PM

It feels good to see the Philippines on top of list of “Best Countries to Invest In” published recently by the web-based magazine US News & World Report. The Philippines placed No. 1 in the rankings despite the country’s poor scores in most of the criteria used and its decline in the overall “Best Countries” listing. Read more »