Tag page - FDIs

The Joint Foreign Chambers (JFC), which is composed of seven foreign business groups in the Philippines, has revised its foreign direct investments target to $128 billion for the period 2021-2030 more than double its original $50 billion target on the country's upbeat economic outlook. During a...

Foreign business groups in the country are keenly watching the proposed creation of a Maharlika Wealth Fund, a Philippine sovereign wealth fund, being pushed in the Lower House. “We are following it with great interest,” said Lars Wittig, president of the European Chamber of Commerce of the...

House Committee on Ways and Means chairman, Albay 2nd district Rep. Joey Salceda says the 2020s could become the best decade ever for the Philippines in terms of foreign direct investment (FDIs). (Photo from Joey Salceda's Facebook) This, after it was reported Monday, March 21 that President...

Despite the coronavirus (COVID-19) pandemic, the Philippines still has the potential to become an economic powerhouse especially if it is able to take full advantage of its resources and make a mark in the global marketplace, Senator Sonny Angara said on Wednesday. Angara made the projection in his...

 Foreign direct investments (FDIs) in South East Asia in the first semester of 2020 contracted by 20 percent, but the Philippines is one of only two exceptions that bucked the investment trend with its FDI inflows rising 20 percent, the United Nations Conference on Trade and Development (UNCTAD)...