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...
Foreign direct investment (FDI) net inflows registered by the Bangko Sentral ng Pilipinas (BSP) for the first seven months amounted to $3.795 billion, 10.9 percent lower compared to same time last year of $4.259 billion. For the month of July alone, net inflows rose by 35.2 percent...
The central bank yesterday said for the first half of 2020 the country’s net foreign direct investments (FDI) inflows fell by 18.3 percent to $2.997 billion from $3.670 billion same period last year because of the COVID-19 pandemic. FDIs are equity capital, reinvestment of earnings, and...
