The continued recovery of foreign direct investment (FDI) this year is an indicator of the Philippines’ solid long-term prospects, the Department of Finance (DOF) said. Based on the latest DOF economic bulletin, the department noted that the country’s FDI sustained its robust growth in January...
Some P15-billion worth of investments from foreign retailers are seeking registration with the Department of Trade and Industry (DTI), but the potential foreign direct investment (FDI) inflow could be multiplied once amendments to the Retail Trade Liberalization Act (RTLA) is passed. Senator...
Foreign direct investments (FDI) into the Philippines in 2020 declined to $6.542 billion from $8.671 billion in 2019, although the country’s outward foreign direct investments (OFDI) rose slightly to $3.525 billion, according to the latest UNCTAD World Investment Report (WIR). The WIR 2021...
The country’s foreign direct investments (FDI) net inflows increased by 45.1 percent year-on-year as of end-March to $2.377 billion from $1.638 billion, based on Bangko Sentral ng Pilipinas’ (BSP) latest data. For the month of March alone, FDI net inflows which are equity capital, reinvestment...
The Philippines continued to attract foreign direct investments (FDI) despite the pandemic, according to the Board of Investments (BOI). Trade and Industry Undersecretary Ceferino S. Rodolfo, who is also managing head of the country’s premier investment promotion agency - BOI, told...
The central bank said it registered $1.569 billion of foreign direct investment (FDI) net inflows in the first two months of 2021, up by 20.6 percent year-on-year or from $1.301 billion. For the month of February only, FDI net inflows of $608 million was lower by 2.2 percent from $621 million same...
The country’s net foreign direct investment (FDI) inflows went up by 41.5 percent year-on-year in January to $961 million from $679 million same time in 2020, the Bangko Sentral ng Pilipinas (BSP) said. “This development reflects the investors’ optimism at the start of the year due in turn to...
The country’s net foreign direct investment (FDI) inflows fell to $5.792 billion as of end-November 2020, 10.8 percent lower year-on-year from $6.493 billion, the Bangko Sentral ng Pilipinas (BSP) reported. FDIs are equity capital, reinvestment of earnings, and borrowings. BSP’s FDI reporting...
The Department of Trade and Industry (DTI) has expressed strong confidence of economic recovery this year citing the strong foreign direct investments (FDI) in 2020 are expected to start coming in this 2021. DTI Undersecretary Rodolfo S. Ceferino said during the Economic Recover Virtual...
Foreign direct investments (FDI) in the Philippines rose by 29 percent to $6.4 billion 2020, bucking the overall hefty contraction in southeast Asian countries, according to the United Nations Conference on Trade and Development (UNCTAD). In its 38th Global Investment Trends Monitor, UNCTAD...
Foreign business groups target a more bullish $50 billion foreign direct investment inflows to Philippines and creation of 3 million jobs over the next ten years with new capital flows into IT-business process management, manufacturing, infrastructure, tourism and mining sectors, encouraged by the...
The quick recovery of foreign direct investments (FDI) following the strict lockdowns signalled investors’ favorable long-term prospects for the Philippines, the Department of Finance (DOF) said. Finance Undersecretary Gil S. Beltran Based on Finance Undersecretary Gil S. Beltan’s latest...
