Dutch financial giant ING expects the Philippine peso to depreciate against the United States (US) dollar in the near term as the US President Donald Trump-led global trade war rages on and the domestic economy weakens. "We look for the Singapore dollar and Philippine peso to underperform in a...
Although recovering from the 11-year-low inflows in December last year, foreign-led brick-and-mortar investments at the start of 2025 declined by 20 percent to $731 million, according to the Bangko Sentral ng Pilipinas (BSP). The latest BSP data released on Thursday, April 10, showed that foreign...
Foreign direct investments (FDIs) in the Philippines fell short of the $9 billion target as net inflows remained largely unchanged in 2024, with December net inflows dropping to its lowest level in 11 years, according to the central bank. Bangko Sentral ng Pilipinas (BSP) data showed that net FDIs...
Foreign investments in the Philippines surged in September, nearly doubling compared to August and reversing the trend of money flowing out of the country recorded last year. Data from the Bangko Sentral ng Pilipinas (BSP) showed that foreign direct investment (FDI) net inflows reached $1.03...
The country’s economic environment failed to lure more foreign investments in the first quarter of this year, data from the Philippine Statistics Authority (PSA) showed. The PSA reported Thursday, May 16, that the total approved foreign investments from January to March fell by 63.6 percent to...
The central bank registered $2.271 billion of foreign direct investment (FDI) net inflows for the first two months of 2024, up by 48.2 percent compared to same period in 2023, based on the latest data. “The growth in FDI reflects sustained investor confidence in the country’s macroeconomic...
The country’s net foreign direct investment (FDI) inflows increased by 89.9 percent to $907 million in January from $478 million in the same month in 2023 mostly from investors based in Japan, according to the Bangko Sentral ng Pilipinas (BSP). Registered with the BSP, FDIs are actual investments...
The Philippines has slipped by one notch in terms of attractiveness to foreign investors among emerging economies, according to a report by global consultancy firm Kearney. In Kearney's 2024 Foreign Direct Investment (FDI) Confidence Index for emerging markets, the Philippines now...
Foreign investment pledges more than doubled in the last quarter of last year, with the energy industry accounting for the majority of the investments, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report, total foreign investments approved by investment promotion...
The Department of Trade and Industry (DTI) said it will try to match this year the record $10.5 billion foreign direct investments (FDI) registered by the Philippines in 2021. “That’s what we are aspiring for,” said DTI Secretary Alfredo E. Pascual during a television interview when asked if...
Now is the time to end 36 years of poverty by easing the 1987 Constitution's limitations on Foreign Direct Investments (FDIs), Senator Robinhood "Robin" C. Padilla said Thursday, March 2. Sen. Robinhood C. Padilla presides over the continuation of the hearing of the Committee on Constitutional...
The Board of Investments (BOI) has set a fighting target to overtake Vietnam in terms of foreign direct investment (FDI) inflows by 2024 and Indonesia by 2026, around midterm of President Ferdinand Marcos Jr.’s administration. During a panel at the 2022 National Exports Congress on Wednesday,...
