Foreign Equity and Professionals News
Foreign investments at one-year low in July
16 October, 2017 at 13:30
The net inflow of foreign direct investments (FDI) plunged to a one-year low in July due mainly to lower investments in debt instruments or lending by parent firms from abroad to their local affiliates to fund existing operations and expansion…
Dominguez sees FDI rising further with infra...
16 October, 2017 at 11:44
Finance Secretary Carlos G. Dominguez III expects foreign direct investment (FDI) inflows to increase further in the coming years as the Duterte administration steps up its efforts to modernize infrastructure and reform business policies.
Senate leaves BPO perks intact in TRAIN
13 October, 2017 at 14:51
Noting that the BPO industry has been one of the country’s biggest job generators, the Senate left intact the Business Process Outsourcing (BPO) industry’s tax incentives to enable the Philippines to continue attracting more investments that would spur employment and economic growth.
July flows worsen FDIs’ year-to-date fall
11 October, 2017 at 15:15
Net foreign direct investment (FDI) inflows fell for the first time in three months in July to the smallest amount in over a year, according to central bank data yesterday that also showed investors rebalancing to equity capital from debt instruments.
Planned lowering of minimum capital for foreign...
11 October, 2017 at 11:19
The heads of the Philippine Chamber of Commerce and Industry (PCCI) have warned the government’s economic team to tread lightly on the suggestion to lower the minimum retail capitalization for foreign investors from the current $2.5 million to $200,000.
[OPINION] Business model, disrupted
10 October, 2017 at 14:00
If the Philippines were a company, its business model would be facing disruption.
Drilon questions NEDA on 90.3% drop in...
10 October, 2017 at 08:00
Senate Minority Leader Franklin M. Drilon expressed alarm yesterday over the capability of the government to attract new foreign investments.
[OPINION] Competitiveness
9 October, 2017 at 12:00
I arrived in this city past midnight last Thursday curious to see what makes this once war-torn country so attractive to foreign investors.
[EDITORIAL] Remember the socioeconomic agenda
9 October, 2017 at 10:54
Business confidence remains up and the stock market is hitting new highs. Recent political turbulence, however, is starting to stir concern in the business community.
ECCP lauds further easing of foreign limits...
6 October, 2017 at 16:00
The entry of more foreign retailers will benefit the Philippine economy as it will create more jobs and boost the spending power of consumers, an official of a top foreign business group said.
Retail liberalization to hurt MSMEs
6 October, 2017 at 14:00
The move to liberalize retail trade in favor of foreign investors would harm local micro, small- and medium-sized enterprises (MSMEs), reversing “the gains of the past years” at a time…
Rody changes tune, wants friendlier ties with...
6 October, 2017 at 10:09
After repeatedly cursing at the United States for supposedly meddling in Philippine affairs, President Duterte is now adopting a friendlier stance toward Washington as he acknowledged that the superpower has been helpful to the Philippines.
Foreign Internet providers waiting to enter PH...
5 October, 2017 at 14:00
President Duterte said that foreign Internet service providers were trying to enter the local game but weren’t able to due to inaction by the Department of Information and Communications Technology (DICT).
MGB: No need to declare ‘mining-free zones’
5 October, 2017 at 10:58
Even if Environment Secretary Roy Cimatu already said that he will evaluate pending measures in Congress seeking to declare certain areas in the country “mining-free zones”…
