Senator Christopher “Bong” Go has commended President Duterte for signing Republic Act (RA) 11647 which introduces amendments to the Foreign Investments Act of 1991 that would further encourage and promote foreign direct investments in the Philippine economy. ‘’We thank President Duterte...
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...
President Duterte has signed the measure that amends the country's Foreign Investments Act, thereby easing rules on foreign businesses in the Philippines. President Rodrigo Duterte (Malacañang file photo) A copy of Republic Act (RA) No. 11647 showed that the President signed the amendments on...
House Committee on Economic Affairs chairperson and AAMBIS-OWA Party-list Rep. Sharon Garin is hopeful that the proposed New Public Service Act will soon be signed into law by President Duterte. This, after the measure was transmitted to the Office of the President for enactment last Monday, Feb....
As early as now, Neri Naig is already planning her son Miggy's future. On Instagram, Chito Miranda's wife shared how she's already putting in good use their five-year-old's earnings. "Since may mga endorsements na si Miggy, inipon ko ang money nya para makapag invest at mapagkakitaan pa rin. Para...
Proud mom Neri Naig-Miranda shares first investment they did for their son Miggy, "By March matatapos na ang Miggy's Condo! Yahoooooo," she posted on her Instagram account. Because they have been accepting endorsements for their son MIggy, she revealed that they have been saving all of the money to...
ATFX on Mt4 platform SmarTrade, an advocate of financial literacy for Filipinos, has been helping Pinoys gain financial control and growth by offering 100% free learning sessions about investments such as online trading, something worth exploring especially now that everything has shifted online...
Presidential candidate and Manila Mayor Francisco “Isko Moreno” Domagoso on Wednesday, Feb 16, said he will invest on strengthening academic and research institutions in agriculture in the country to ensure food security. PHOTO FROM IM MEDIA/ MANILA BULLETIN “I hope that someday, somehow, may...
Approved foreign investments jumped last year amid improving economic condition despite the prolonged pandemic, data from the Philippine Statistics Authority (PSA) revealed. Based on the PSA report on Tuesday, Feb. 15, total foreign investments reached P192.34 billion from January to December last...
The Philippine economy will receive a boost from increased foreign investments as a result of the newly-amended 1936 Public Service Act (PSA). House Committee on Economic Affairs Chairperson AAMBIS-OWA Party-list Rep. Sharon Garin made this assurance as she noted that the law now allows up to 100...
The Department of Finance (DOF) said the recently approved amendments to retail trade liberalization law along with other economic loosening initiatives will support the continued recovery of trade and economic activity in the country. Finance Undersecretary Gil S. Beltran said the nearly a quarter...
A joint report by First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) raised their growth forecast for 2022 to 7.0 percent from 6.0 percent stating the economic recovery is back on the fast growth lane. In the January issue of the Market Call, FMIC and UA&P...
