Financial technology (fintech) companies in the Philippines are poised to overtake brick and mortar banks, debt-watcher Moody’s Investors Service said. In a commentary on Thursday, July 15, Joyce Ong, Moody’s analyst said that fintech has “abundant room” for growth in the country as 70...
Changing economic policies in our constitution By Karl Aguilar Illustration by Shaun Landaas, design by Jules Vivas Among all the sovereign countries in the world, the Philippines is the only country that has specified in its constitution the limits to which a foreign company or...
The Philippine Economic Zone Authority (PEZA) is eyeing the possible influx of investors from the Kingdom of Saudi Arabia (KSA) once the Philippines subdues the coronavirus disease (COVID-19) pandemic. (Photo from PEZA) “At present, there are only meager Saudi Arabian enterprises registered or...
The “Make It Happen in the Philippines” campaign and the Corporate Recovery and Tax Incentives for Enterprises (CREATE) Act will help foreign investors expand their markets when they invest in the country, Philippine Ambassador to Japan Jose C. Laurel V told Japanese businessmen. The envoy...
The Philippines and Singapore should tap each other’s strengths and explore opportunities for cooperation in developing new digital tools and technologies to take advantage of the growth of start-up companies in the region, the government’s chief economic manager said. During the virtual...
As foreign funds leave for countries that are seen to recover from the pandemic earlier, local retail and institutional investors have been picking up the slack in the Philippine equities market during the first month of the year. The Philippine Stock Exchange (PSE) said local investors accounted...
Trade and Industry Secretary Ramon M. Lopez yesterday said the 90 serious investment leads that are expected to come on stream in a year in the country are no longer concerned with restrictive economic provisions. Lopez said this at the House of Representatives 9th Regular Meeting on Constitutional...
The Global Filipino Investors Inc. (TGFI), a group led by entrepreneur and housing tycoon Januario Jesus Atencio, is helping Filipinos take advantage of the capital market rut due to the pandemic in anticipation of an economic recovery. Januario Jesus Atencio TGFI is bringing together powerhouse...
Finance Secretary Carlos G. Dominguez III has expressed dismay over the Board of Investment’s (BOI) failure to attract foreign companies that were moving their productions out of China. MB file Speaking at the virtual 46th Philippine Business Conference and Expo, Dominguez said that the...
