Dutch financial giant ING expects the Philippine peso to depreciate against the United States (US) dollar in the near term as the US President Donald Trump-led global trade war rages on and the domestic economy weakens. "We look for the Singapore dollar and Philippine peso to underperform in a...
Although recovering from the 11-year-low inflows in December last year, foreign-led brick-and-mortar investments at the start of 2025 declined by 20 percent to $731 million, according to the Bangko Sentral ng Pilipinas (BSP). The latest BSP data released on Thursday, April 10, showed that foreign...
If you dismiss the impeachment saga of Vice President Sara Duterte as just another rerun in the Philippine political circus, think again - because while we may be desensitized to that kind of drama, foreign investors are watching with sharp eyes, questioning the country’s political stability and...
Foreign investments in the Philippines surged in September, nearly doubling compared to August and reversing the trend of money flowing out of the country recorded last year. Data from the Bangko Sentral ng Pilipinas (BSP) showed that foreign direct investment (FDI) net inflows reached $1.03...
Foreign direct investments (FDI), characterized by long-term commitments and the creation of job opportunities for Filipinos, are projected to reach $9.5 billion this year. Based on the latest projections by the Bangko Sentral ng Pilipinas (BSP), the initial forecast of $9 billion for the...
The country’s economic environment failed to lure more foreign investments in the first quarter of this year, data from the Philippine Statistics Authority (PSA) showed. The PSA reported Thursday, May 16, that the total approved foreign investments from January to March fell by 63.6 percent to...
(Unsplash) House Speaker Martin Romualdez confidently said on Monday, April 22 that there will be an upsurge in United States (US) investments in the aftermath of the highly successful dialogue in Washington, DC wherein the country was...
President Ferdinand "Bongbong" Marcos Jr. (Noel Pabalate/MANILA BULLETIN) The almost 90 percent increase in foreign direct investments (FDIs) between January 2023 and January 2024 is mainly due to President Marcos' efforts in "selling" the...
President Marcos underscored the role of the United States in the Philippines’ post-pandemic recovery, citing it as the country’s fourth largest source of foreign direct investments (FDIs) and one of its biggest export destinations. President Ferdinand 'Bongbong' Marcos Jr. attends the...
The Philippines has slipped by one notch in terms of attractiveness to foreign investors among emerging economies, according to a report by global consultancy firm Kearney. In Kearney's 2024 Foreign Direct Investment (FDI) Confidence Index for emerging markets, the Philippines now...
(Usplash) The Philippines must "strike while the iron is hot" in terms of making the country more attractive to foreign investors. Thus, said House Deputy Majority Leader Tingog Party-list Rep. Jude Acidre as he underscored in a press...
The Philippines may become a $2 trillion economy in the next decade should reforms on education, infrastructure, renewable energy, among others, are sustained, the head of the World Economic Forum (WEF) said. In a briefing on Tuesday, March 19, Børge Brende, WEF president, said that they are...
