The Department of Finance (DOF) expects the country’s high growth in foreign direct investments (FDIs) to be sustained following the enactment of economic liberalization reform laws. In his DOF Economic Bulletin on Sunday, March 6, Finance Chief Economist Gil S. Beltran said the more than half...
The Philippines is still a lucrative destination for foreign investors with its long-term favorable growth prospect being bolstered by a strong recovery in foreign direct investments (FDI), the Department of Finance (DOF) said. Finance Undersecretary Gil S. Beltran said on Thursday, Jan. 19, noting...
The Department of Finance (DOF) has commended President Duterte and the members of Congress for the enactment of a law that will further liberalize the economy and open up the country to more foreign direct investments (FDIs). Finance Sec. Carlos Dominguez III In a statement, Finance Secretary...
Using his "global celebrity stature", presidential aspirant Sen. Manny Pacquiao said on Thursday, Nov. 18 that he will lure foreign direct investments (FDIs) to the Philippines and provide jobs for the country's poor. Senator Manny Pacquiao2 Pacquiao mentioned he has at least 10 international...
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...
The Department of the Interior and Local Government (DILG) commended on Wednesday, June 2, the House of Representatives for the passing in the third and final reading some key amendments on the economic provision of the 1987 Constitution. “We congratulate Speaker (Lord Allan) Velasco for proving...
An estimated 1.6 million job opportunities will be created with household income substantially increased if the economic restrictions in the 1987 Constitution are relaxed, a University of the Philippines (UP) researcher said Sunday, May 30. DILG Spokesperson Jonathan Malaya (File photo courtesy of...