foreign direct investment - updates

Rappler's latest stories on foreign direct investment

ARTICLE FINDER

Pandemic will cut global investment flows more than feared – U.N.

Mar 27, 2020 - 11:00 AM

'It is now evident that pandemic mitigation efforts and lockdowns around the world will have devastating effects on all economies,' say United Nations economists

This aerial photo taken on March 10, 2020 shows an empty street in Wuhan in China's central Hubei province. - China said on March 10 the epicentre of the new coronavirus outbreak Hubei would relax travel restrictions to allow healthy people to move within the hard-hit province. (Photo by STR / AFP) / China OUT

House leaders slam 'anti-Filipino' bill allowing foreign ownership of public services

Mar 10, 2020 - 7:55 PM

(UPDATED) House Minority Leader Bienvenido Abante Jr and Senior Deputy Majority Leader Jesus Crispin Remulla vote no to House Bill No. 78, saying that it violates the 1987 Constitution

House passes bill allowing 100% foreign ownership of public utilities

Mar 10, 2020 - 5:07 PM

But Gabriela Representative Arlene Brosas slams the bill as 'economic charter change without tinkering with the 1987 Constitution'

NOW IN SESSION. Lawmakers vote on bills during the House session on May 30, 2018. File photo by Darren Langit/Rappler

Coronavirus outbreak will slash global investment flows – U.N.

Mar 09, 2020 - 9:30 PM

United Nations economists warn that regardless of how quickly the coronavirus outbreak lasts, it would significantly drag down global foreign direct investments

INVESTMENTS. The Bangko Sentral ng Pilipinas says the Philippines got higher foreign direct investments in February 2019. Photo from Shutterstock

[ANALYSIS] Why Nokia, Wells Fargo, and Honda are leaving the PH

Feb 27, 2020 - 11:32 AM

(UPDATED) Although global factors are at play, the Philippines’ business climate and government policies are also partly to blame

'Unconstitutional' to let foreigners own public utilities – opposition lawmakers

Feb 20, 2020 - 11:30 AM

If passed into law, House Bill 78 would allow foreigners to fully own telecommunication and transportation companies in the Philippines which is 'fatally violative of the Constitution' the lawmakers say

House one step away from passing bill letting foreigners own public utilities

Feb 18, 2020 - 3:33 PM

But opposition lawmakers argue that the 'unconstitutional' bill would lead to Filipinos being at the mercy of foreign firms

LIFTING OF FOREIGN RESTRICTIONS. The House of Representatives approves on 2nd reading House Bill No. 78 on February 17, 2020. File photo by Ben Nabong/Rappler

House closer to passing bill allowing foreigners to own PH public utilities

Feb 16, 2020 - 2:26 PM

For lawmakers behind the bill, the 1987 Constitution’s requirement that at least 60% of public utility enterprises' capital stock must be owned by Filipino citizens or corporations is limiting the country’s economic growth

QUICK WORK. Lawmakers are working fast to amend the Public Service Act. File photo by Ben Nabong/Rappler

Foreign direct investments fall by 30% in January-November 2019

Feb 11, 2020 - 8:46 AM

Foreign direct investments register higher inflows in November, but not enough to lift the figure for the 11-month period last year, as the global economic slowdown spooks investors

Foreign direct investments drop 41% in July 2019

Oct 11, 2019 - 9:31 AM

Foreign investors place less bets on the Philippines for the 5th straight month

Business groups in favor of easing restrictions on foreign investments

Sep 25, 2019 - 1:30 PM

But ex-Ateneo School of Government dean Tony La Viña argues that lifting these constitutional restrictions would be 'very, very dangerous'

Foreign direct investments drop by 48.5% in June 2019

Sep 10, 2019 - 9:00 PM

Foreign direct investments reach $430 million in June 2019, just a little over half of the $836 million posted in the same month in 2018

House pushes bill allowing foreigners to own public utilities in PH

Sep 05, 2019 - 11:52 AM

House committee on economic affairs chair and the bill's sponsor, Sharon Garin says foreign direct investment could provide the capital necessary to improve public service

Foreign direct investments slower by 85% in May 2019

Aug 14, 2019 - 7:25 PM

Foreign direct investments in May hit a 4-year low at just $242 million

Foreign direct investments slump again in April 2019

Jul 10, 2019 - 6:10 PM

For the 2nd straight month, foreign direct investments in the Philippines are down

Foreign, local approved investments jump to P274.2 billion in Q1 2019

Jun 06, 2019 - 11:55 AM

The approved investments in the 1st quarter of 2019 could generate 41,837 jobs, says the Philippine Statistics Authority

Photo from Shutterstock

Foreign direct investments up by 20% in February 2019

May 10, 2019 - 8:40 PM

Foreign direct investments hit $746 million in February, says the Bangko Sentral ng Pilipinas

Foreign direct investments plummet by 38.2% in January 2019

Apr 10, 2019 - 5:45 PM

The Bangko Sentral ng Pilipinas says the decline in foreign direct investments reflects the 65.3% drop in equity capital placements

Photo from Shutterstock

Another miss: 2018 foreign direct investments dip by $500 million

Mar 12, 2019 - 7:57 AM

Foreign direct investments reach $9.8 billion in 2018, $600 million short of projections

[ANALYSIS] The real score on foreign direct investments

Nov 02, 2018 - 10:00 AM

Evidence suggests that ours is a generally healthy economy, posting impressive growth, but carrying some structural flaws

Foreign direct investments soar in July 2018 despite economic tensions

Oct 11, 2018 - 9:55 AM

The central bank says the higher foreign direct investment inflows in July reflect the 'continued positive investor sentiment on the Philippine economy'

Foreign investments soar 142.9% in May 2018

Aug 10, 2018 - 6:51 PM

The Bangko Sentral ng Pilipinas says foreign direct investments in May stood at $1.6 billion

INVESTMENTS. Foreign investors remain optimistic in the Philippine economy. Rappler file photo

#ThewRap: Things you need to know, July 11, 2018

Jul 11, 2018 - 11:40 AM

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President Rodrigo Roa Duterte, in his speech during the National Micro, Small, and Medium Enterprise (MSME) Summit 2018 held at the Association of Southeast Asian Nations (ASEAN) Convention Center (ACC) in Clark Freeport Zone, Pampanga on July 10, 2018, assures that he will continue to promote ease of doing business to make the country a conducive environment for MSMEs to thrive.

Foreign direct investments dip by 3.2% in April 2018

Jul 11, 2018 - 8:12 AM

Despite the year-on-year dip, the central bank is optimistic due to 'favorable investor sentiment'

PH hot money net inflows hit $279M in April

May 19, 2018 - 8:30 AM

Data from the Bangko Sentral ng Pilipinas show that the country had a net inflow of foreign portfolio investments for the second straight month in April with $279.28 million, 5 times more than in the same month last year

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May 14, 2018 - 10:52 AM

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Barangay, SK elections 2018 at the Corazon Elementary School, Batasan Rd, Quezon City. Photo by Maria Tan/Rappler

Foreign direct investments in PH continue to strengthen in February

May 11, 2018 - 4:30 PM

The country's central bank governor says this reflects investor confidence in the country’s sound macroeconomic fundamentals and growth prospects

Philippines starts 2018 with foreign direct investments up by over 50%

Apr 10, 2018 - 6:45 PM

Foreign direct investment inflows reach $919 million in January 2018, up from the $587 million in January 2017

Record high again for foreign investments in Philippines

Mar 12, 2018 - 3:10 PM

But the growth of foreign direct investments in the Philippines in 2017 was substantially lower than in 2016

Economists upbeat about FDI prospects for 2018

Mar 09, 2018 - 6:50 PM

While the country’s ranking as the top country to invest by media firm US News may be subjective, economists are nonetheless optimistic that last year’s strong foreign investment flows will continue this year

PH economic managers hail ranking by U.S. firm, vow more reforms

Mar 06, 2018 - 10:40 PM

'Our efforts to create a more business- and investor-friendly environment are gaining traction,' says Socioeconomic Planning Secretary Ernesto Pernia, after an American firm ranked the Philippines as the best country to invest in

#ThewRap: Videos you need to watch this week, February 12-18, 2018

Feb 18, 2018 - 9:52 AM

Must-watch videos this week

DISINFORMATION. Computer programmer Carlos Nazareno shares how Duterte supporters swarmed the Facebook page of the  International Criminal Court shortly after it announced its probe on the government's war on drugs. Photo by LeAnne Jazul/Rappler

Kuwait deployment ban, LTFRB on ride-hailing cap, Sharon Cuneta on Duterte | Evening wRap

Feb 12, 2018 - 8:17 PM

Watch the evening newscast with Mara Cepeda

Philippines exceeds foreign direct investments target for 2017

Feb 12, 2018 - 3:55 PM

The Bangko Sentral ng Pilipinas attributes the strong inflows to the country's sound macroeconomic fundamentals

Foreign direct investments in PH hit 16-month high in October 2017

Jan 10, 2018 - 6:35 PM

The October 2017 figure of $2.02 billion is the biggest monthly FDI inflow since April 2016

FLOWING. Actual investments channeled into the Philippines last October is the highest in 16 months. File photo from AFP

Foreign direct investments up 61.8% in September 2017

Dec 12, 2017 - 11:35 AM

Bangko Sentral ng Pilipinas data show that FDI hit net inflows of $754 million in September this year, from $466 million recorded in the same month in 2016

[ANALYSIS] ASEAN likes, but also fears, China's economic weight

Nov 12, 2017 - 9:30 AM

Recent analyses make the case for why ASEAN's 10 member countries need to work on deepening trade and investment ties among themselves

New list of investment areas off-limits to foreigners now on Duterte's desk

Nov 07, 2017 - 8:30 PM

This list – shortened compared to the previous one – is seen to boost foreign direct investments flowing into the Philippines

OPENING UP. The new list is now on President Rodrigo Duterte's desk. Business groups have pointed out that lifting some restrictions on foreign ownership would drive up foreign investment in the country. Presidential photo by Karl Alonzo

[OPINION] The real score on foreign investments in the time of Duterte

Oct 14, 2017 - 5:00 PM

The latest FDI figures – alongside signs of weaker business confidence, lower growth forecasts, and declining competitiveness – seem to presage a brewing storm in the Philippine business climate

BSP still expects 2017 FDIs to be near 2016 level

Oct 12, 2017 - 7:45 PM

The Bangko Sentral ng Pilipinas sees this year's foreign direct investments hitting close to the $8 billion posted last year, noting that push and pull investment factors remain

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Comelec chairman Andres Buatista is emotional as employees of the agency show their support during the weekly flag raising ceremony at the Comelec main office in Manila on August 14, 2017. Photo by Ben Nabong/Rappler

Foreign direct investments in PH drop to one-year low in July

Oct 10, 2017 - 6:40 PM

(UPDATED) Despite the drop, the economic team of President Rodrigo Duterte says foreign investors remain confident to do business in the Philippines

FDI net inflows down 61.1% to $874M in April

Jul 10, 2017 - 6:00 PM

The net inflows total 2 4 billion for January to April this year down 32 compared to the 3 6 billion in the same period a year ago

PH ends 2016 with foreign direct investments up 40.7%

Mar 12, 2017 - 8:15 PM

Foreign direct investments total 7 9 billion outstripping the central bank s own forecast of 6 7 billion

PH up 12 notches in 2017 Index of Economic Freedom

Feb 19, 2017 - 8:05 PM

The Philippines gets a score of 65 6 higher than the world average of 60 9 and the Asia Pacific region average of 60 4

Still among Asia's fastest, PH grows 6.8% in 2016

Jan 26, 2017 - 10:07 AM

UPDATED The result puts the country s economic growth ahead of China s full year growth of 6 7 as well as Vietnam s 6 2

STILL THE FASTEST

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Jan 18, 2017 - 11:35 AM

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PH's war on drugs likely has short-term impact on FDIs – HSBC

Jan 17, 2017 - 9:00 PM

We do see some challenge in [terms of] foreign investors perception on the latest measure taken by the new government says HSBC s Cheuk Wan Fan

SLOWDOWN. FDIs registered a $342-million net inflow in October 2016, down from $399 million a year earlier and from $469 million in a month ago. Photo by Agence France-Presse

FDI inflows hit $6.2B in first 10 months of 2016

Jan 10, 2017 - 8:25 PM

This is despite inflows of foreign investments for October 2016 slowing to 342 million compared to the 399 million seen in October 2015