Foreign Equity and Professionals News
Finance department moves to allay investor concerns...
19 March, 2018 at 18:30
The Department of Finance (DoF) has sought to assuage investor concerns about the loss of incentives under the second tax reform package that could make it even harder for the Philippines to compete with neighbors for foreign direct investments.
NAIA rehabilitation by Megawide-GMR
19 March, 2018 at 12:30
NAIA… Clark… Bulacan… Sangley… Twenty months into the Duterte administration and government has yet to decide where the country’s principal gateway will be.
Easing restrictions key to attracting FDI —...
16 March, 2018 at 18:00
The Philippines can attract more foreign direct investments (FDIs) by easing restrictions on industries relying heavily on significant technological capability, expanding incentive options by going beyond offering tax holidays…
10 new Metro bridges OKd
16 March, 2018 at 14:00
Economic managers have approved the construction of 10 new bridges crossing the Pasig and Marikina rivers in Metro Manila and a massive flood control project in Mindanao, all included in the Duterte administration’s 75 flagship projects seen ushering in a “golden age of infrastructure.”
Weak FDI pledges worry Amcham
16 March, 2018 at 12:00
The Philippines is now slowly catching up with its fast growing Asean neighbors in terms of foreign direct investments (FDIs) but American businesses believe the Philippines should be able to attract even higher levels of FDI in the future.
Effect on investments made Senate cautious on...
15 March, 2018 at 17:30
Senators on Wednesday said they will not be swayed by calls to rush the passage of the Duterte administration’s second package of the Tax Reform for Acceleration and Inclusion (TRAIN 2) law…
[Press Release] AmCham Comment on Total 2017...
15 March, 2018 at 16:30
As long-time strong proponent of increased FDI in the Philippines, the American Chamber of Commerce of the Philippines is pleased to learn from the March 12 Bangko Sentral Pilipinas announcement that the country recorded a net inflow of US$10.05 billion in 2017.
Investments seen taking a hit from second...
15 March, 2018 at 15:30
The country’s rapidly growing foreign direct investment (FDI) inflows—which soared to an all-time high in 2017—could hit a snag this year, as the second tranche of the Duterte administration’s tax-reform agenda is seen to force investors…
[EDITORIAL] Heed concerns of foreign investors
14 March, 2018 at 14:00
The good news is that the Philippines has been ranked first among countries “worthy of investment,” following a survey conducted by the US News and World Report.
U.S. Allies Sign Sweeping Trade Deal in...
14 March, 2018 at 11:57
A trade pact originally conceived by the United States to counter China’s growing economic might in Asia now has a new target: President Trump’s embrace of protectionism.
FDIs pierce 2017 goal to hit fresh...
13 March, 2018 at 16:00
Foreign direct investments (FDI) pierced a full-year official target to hit “a record high” last year despite falling to a five-month low in December…
Business wary of TRAIN package 2
13 March, 2018 at 10:08
Businessmen viewed the imminent changes in the country’s tax incentives regime under Package 2 of the Duterte administration’s TRAIN (Tax Reform for Acceleration and Inclusion) as creating uncertainty on the part of their business and operations.
Foreign firms push retention of incentives package...
12 March, 2018 at 17:11
The Joint Foreign Chambers (JFC) in the Philippines wants government to retain the incentives package it offers to investors, saying this compensates for the country’s comparative disadvantages with its regional counterparts.
4 Things Rodrigo Duterte Did to Make...
12 March, 2018 at 12:00
A recent survey from US News and World Report tabulated the top countries to invest in in 2018.
