Investors are more keen in investing in a country whose leader fights corruption. This was how Malacañang made an assurance over the reputational risks the ongoing investigation on corruption practices may cause to domestic and foreign investments. "We all know that investors want to invest in...
Senate President Francis “Chiz” Escudero expressed confidence that more foreign investors will look at the Philippines as an ideal investment destination with the enactment of a law that extends their land lease contract to 99 years. The measure, principally authored by Escudero during the...
Citing that the Philippines ' investment environment has become open and liberal, President Marcos urged Indian business leaders to seize the growing opportunities in the country. During a roundtable meeting with Indian business leaders on Wednesday, Aug. 6, Marcos encouraged them to engage...
Private-sector investors, especially foreigners, have grown hesitant to enter public-private partnership (PPP) projects in the Philippines due to political interference in contract pricing and delays in government compensation to private partners, according to the Asian Development Bank...
Renewable energy (RE) infrastructure, particularly those focused on transmission and distribution, is poised to be the country’s most lucrative investment magnet in the near future. HSBC Hong Kong Global Financing Solutions Director Max Thomas had this to say, as he noted that the...
The Department of Trade and Industry (DTI) said it currently has an investment pipeline worth over $76 billion or around ₱4 trillion, strengthening the country’s position as a top destination for foreign investments in 2025. Spearheaded by the DTI’s Foreign Trade Service Corps (FTSC), the...
Investments for projects approved by the country’s leading investment promotion agencies (IPAs) reached a record-high of ₱1.9 trillion in 2024, reflecting the Philippines’ status as a rising investment destination. The total registered investments last year exceeded 2023 figures by over 29...
Global investors appeared to have lost their appetite for the Philippines, as total foreign investments significantly declined by 38.87 percent last year, sharply contrasting with the substantial investments in 2023. Data from the Philippine Statistics Authority (PSA) revealed that foreign...
House Speaker Martin Romualdez (Facebook) House Speaker Martin Romualdez is more bullish than ever with the Philippines' foreign investments prospects following the "overwhelmingly positive" reception of the Philippine delegation at the World...
The Philippines posted a surge in foreign investment in the third quarter of 2024, reflecting growing confidence in the country's manufacturing sector and overall economic prospects. The Philippine Statistics Authority (PSA) reported that the total approved foreign investments (FI) reached P146.75...
The Philippines stands ready to embrace South Korea's investments, President Marcos told foreign investors as he stressed that investing in the country is a "fine strategic move." President Ferdinand 'Bongbong' Marcos Jr. and Republic of Korea President Yoon Suk Yeol lead a toast during the state...
The Philippine Statistics Authority (PSA) reported that approved foreign investments tripled in the second quarter, reflecting strong investor confidence in the country's economic prospects. From April to June 2024, the total approved foreign investments soared 189.5 billion, a substantial increase...
