investment - updates

Rappler's latest stories on investment

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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

Kapa-like investment group in Mindanao faces syndicated estafa complaint

Sep 25, 2019 - 5:31 PM

The National Bureau of Investigation files a syndicated estafa complaint – a non-bailable offense – against 39 individuals associated with the ALAMCCO credit cooperative

INVESTMENT SCAM. A complaint for syndicated estafa is lodged before the Department of Justice against Mindanao-based investment group Alabel-Maasim Credit Cooperative or ALAMCCO. Photo by LeAnne Jazul/Rappler

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'

Over $1 billion in hot money flees Philippines

Sep 20, 2019 - 12:25 PM

Foreign portfolio investments post a net outflow of $1.1 billion from January to August 2019, reversing the net inflow of $602 million in the same period last year

Gatchalian wants to ease foreign restrictions on public works projects

Sep 14, 2019 - 6:15 PM

The senator's bill proposes to provide ‘a more level playing field to eligible domestic and foreign bidders’

FILE PHOTO. Senator Sherwin Gatchalian says there is a lack of genuine competition in the country's public construction industry. Photo by Angie de Silva/Rappler

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 OKs bill easing restrictions on foreign professionals in PH

Sep 09, 2019 - 7:40 PM

ACT Teachers Representative France Castro slams the bill as a 'worse form of liberalization among professionals' in the Philippines

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

#AskTheTaxWhiz: How are investments taxed?

Sep 04, 2019 - 9:50 PM

The Philippine Tax Whiz discusses the taxes when trading in shares of stock

De Lima to Duterte: Scrap deals with Chinese firms in key PH islands

Aug 17, 2019 - 3:57 PM

Senator Leila de Lima cites 'claims from no less than our top military officials that Chinese presence in these strategic border islands would pose, if not guarantee, security risks to our country'

CHIQUITA ISLAND. File photo from Wikipedia

[ANALYSIS] Dismal growth: Why is the PH economy losing its momentum?

Aug 15, 2019 - 1:19 PM

Economic managers need to be more forthright about the state of the Philippine economy and not paint a picture of it that is rosier than the data suggest

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

Ayala, Metro Pacific slammed for LRT1 extension, FTI construction delays

Aug 14, 2019 - 10:27 AM

Cavite 7th District Representative Boying Remulla says the Paranaque Integrated Terminal Exchange would have been 'viable' if not for these construction delays

HOLD CONCESSIONAIRES ACCOUNTABLE. Cavite Representative Boying Remulla talks about commuters' problems during a Senate hearing on August 13, 2019. Photo by Angie de Silva/Rappler

SM net income up by 27% to P23 billion in H1 2019

Aug 07, 2019 - 8:20 PM

As of end-June 2019, SM's total assets are at P1.1 trillion, a 5% growth

Philippine military warns on Chinese investment in key islands

Aug 06, 2019 - 9:54 PM

Military spokesman Brigadier General Edgard Arevalo says the government should study the security implications of handing over the islands to foreign entities

CHIQUITA ISLAND. Military spokesman Brigadier-General Edgard Arevalo says the government should study the security implications of handing over the 3 islands to foreign entities. File photo from Wikipedia

Metro Pacific net income down by 9% in H1 2019

Aug 01, 2019 - 4:55 PM

Metro Pacific Investments Corporation reports lower earnings in the 1st half of 2019, but highlights the growth in core income and investments

First Metro sees bulls in H2 2019

Aug 01, 2019 - 2:40 PM

With inflation slowing down and government spending expected to improve, bulls are expected to roam the stock market


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

BOI-approved pledges only at around 30% of goal in mid-2019

Jul 10, 2019 - 4:05 PM

But the Board of Investments is confident the P1-trillion target for 2019 will be reached, saying there are big-ticket projects being assessed

Photo from Shutterstock

NBI files syndicated estafa complaint against Kapa Ministry

Jul 08, 2019 - 11:31 AM

(UPDATED) Syndicated estafa, a non-bailable offense, is filed against Kapa, which allegedly swindled people through donations and purported investments

KAPA's branch office in Taytay, Rizal on Sunday, June 16, 2019. File photo by Darren Langit/Rappler

[ANALYSIS] Kapa Ministry: A symptom of poor financial inclusion

Jul 04, 2019 - 11:47 AM

Beefing up financial inclusion in the Philippines could be an effective way to stifle the viral spread of Ponzi schemes like Kapa, especially in the provinces

Lapid wants investment scams covered under economic sabotage

Jul 03, 2019 - 2:29 PM

Senator Lito Lapid files a bill to expand the coverage of economic sabotage to include investment scams

SENATE COMEBACK. Senator Lito Lapid wants to include investment scams as acts punishable under estafa. File photo by Inoue Jaena/Rappler

Duterte vetoes 7 bills in first 3 years in office

Jun 26, 2019 - 10:34 AM

Among the vetoed bills are the twin measures that would have fulfilled President Duterte's campaign promise to coconut farmers

Your guide to starting your financial journey, from insurance to investment

Jun 21, 2019 - 1:09 PM

Learn how to achieve financial independence, whatever life stage you're in

DILG orders mayors to revoke Kapa's business permits

Jun 17, 2019 - 5:10 PM

'Marami na ang naloko at marami pa sa ating mga kababayan ang maloloko sa investment scam na ito kung hindi ito aaksiyunan ng mga mayor,' says Interior Secretary Eduardo Año

KAPA’s branch office in Tatay, Rizal on Sunday, June 16, 2019. Photo by Darren Langit/Rappler

SEC secures over P100 million of Kapa Ministry's assets

Jun 16, 2019 - 5:01 PM

'Kapa amassed wealth through an investment scam, in the guise of religion and at the expense of the investing public,' says Securities and Exchange Commission Chairperson Emilio Aquino

CRACKDOWN. The SEC says over P100 million worth of assets linked to Kapa Ministry have been secured as of June 16, 2109. Logo from Kapa's Facebook page

Members say Kapa founder Apolinario is 'modern day Moses'

Jun 15, 2019 - 2:19 PM

For a member, Kapa founder Pastor Joel Apolinario is the Moses who leads them and they are the Israelites persecuted by government for their love donations that return a 30% profit

MOSES. Kapa members call their founder Pastor Joel Apolinario a 'modern day Moses'. Photo by Bobby Lagsa/Rappler

Kapa-Community Ministry can file impeachment complaint vs Duterte – Trillanes

Jun 14, 2019 - 2:37 PM

'Para sa mga lider at miyembro ng Kapa, magfile ng kasong impeachment laban kay Duterte for culpable violation of the Constitution dahil sa pagbalewala nito sa kanilang religious freedom,' says Senator Antonio Trillanes IV

OPPOSITION SENATOR. Senator Antonio Trillanes IV has some recommendation for Kapa-Community Ministry and the Duterte administration on the Kapa controversy. File photo by Angie de Silva/Rappler

FALSE: Militant groups to 'protest' shut down of Kapa-Community Ministry

Jun 13, 2019 - 5:38 PM

It's not true that Bayan and Gabriela released a statement about Kapa or the alleged protests against its shutdown

Usurious investment schemes are haram, says sharia lawyer

Jun 12, 2019 - 10:07 AM

Salih Musa, a former head of a sharia court in Central Mindanao, says it is forbidden for Muslims to participate in schemes that give outrageous returns as it is already a form of usury

USURY IS HARAM. File photo of Islamic law expert Salih Musa of General Santos City. Photo from Salih Musa's FB account

BOI-approved investments jump by 40% in January-May 2019

Jun 11, 2019 - 9:40 PM

Domestic investments take bulk of the overall pledges in the first 5 months of 2019, but foreign investment pledges post the bigger increase

BULLISH OUTLOOK. Having secured $1.24 billion in pledges last month and looking to bag another $5 billion in business deals, Trade Secretary Ramon Lopez said that Japan remains bullish on the Philippines' growth.

Cebu Archbishop Palma warns public vs investment scams

Jun 11, 2019 - 9:39 PM

'Some people have ways to use schemes that fool other people,' Cebu Archbishop Palma says in a statement

ARCHBISHOP PALMA. 2017 file photo by Mars Mosqueda/Rappler

SEC intensifies crackdown vs investment scams

Jun 11, 2019 - 8:35 PM

The Securities and Exchange Commission taps law enforcement agencies to carry out 24 raids in two days against companies involved in investment scams

EXPLAINER: How Kapa Ministry took advantage of investors

Jun 11, 2019 - 8:19 PM

Kapa Ministry merges religion and social media to orchestrate one of the biggest investment scams in Philippine history

Kapa-Community Ministry Cebu office raided

Jun 10, 2019 - 8:47 PM

The raid comes 3 days after a fire destroyed the office in Compostela town in northern Cebu

Court freezes Kapa-Community Ministry's assets over Ponzi scheme

Jun 10, 2019 - 5:10 PM

The Securities and Exchange Commission calls Kapa-Community Ministry's scheme the largest investment scam in recent Philippine history

Duterte orders shutdown of Kapa-Community Ministry, other investment scams

Jun 08, 2019 - 8:17 AM

'When it is [too] good to be true, that is fraud,' President Rodrigo Duterte says of the get-rich-quick schemes offered by Kapa-Community Ministry International and others

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

Central Visayas’ top cop warns police vs joining investment scams

Jun 04, 2019 - 6:11 PM

The police have been monitoring the Cebu operations of Kapa-Community Ministry International, an alleged investment scam

Metro Pacific Investments Corporation adopts 25 estuaries

May 21, 2019 - 5:45 PM

As part of a partnership with the Department of Environment and Natural Resources, Metro Pacific unit Maynilad will also fast-track the connection of customers to its sewage system

A man clean the Estero de Magdalena at Recto in Binondo, Manila on 30 March 2019. The Department of Environment and Natural Resources will start the simultaneous clean-up of estero tommorrow March 31, 2019.  Photo by: Lito Borras/Rappler

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

BOI-approved investments up by 47% in first 4 months of 2019

May 06, 2019 - 12:48 PM

Bulk of the investments in the first four months of 2019 went to power projects

Duterte orders Board of Investments to streamline steel industry projects

Apr 22, 2019 - 2:00 PM

The Board of Investments will have to ensure that permits for critical steel projects will be issued within 20 days of filing

Construction workers keep their balance while crossing on the steel beam at the 10th floor of the ongoing building construction in Barangay Pagasa Quezon City on Monday, November 5, 2018. The Department of Labor and Employment announce the approval of the P25 wage increase and it will be valid 15 days after the publication of the wage order on a newspaper. Minimum wage in Metro Manila now ranges to P537. Photo by Darren Langit/Rappler

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

BOI-approved investments in Q1 up by 60%

Apr 01, 2019 - 9:05 AM

After hitting a minor bump during the first two months, Trade Secretary Ramon Lopez says the Board of Investments is on track to hit the P1 trillion target for 2019

Approved investments down in January-February 2019

Mar 28, 2019 - 2:05 PM

Trade Secretary Ramon Lopez attributes the decline to a 'timing issue,' saying that some potential investments are still up for evaluation in March

Philippines secures $1.24 billion in investment pledges from Japan

Mar 18, 2019 - 7:40 PM

Japan, being one of the Philippines' strongest trade partners, would help generate 16,000 jobs if these investments push through

The Department of Trade and Industry as able to secure investments from Japanese firms during its business mission in Tokyo, Japan, last week. Photo grabbed from DTI Secretary Ramon M. Lopez's Facebook account

Chinese firms 'hands off' Hanjin takeover – Board of Investments

Mar 14, 2019 - 8:40 PM

The remaining workers of Hanjin Heavy Industries and Construction Philippines are still in limbo

TAKEOVER? It is still uncertain whether foreign firms will takeover Hanjin. AFP file photo

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

China’s 2018 investment pledges to PH grow 20 times

Mar 01, 2019 - 5:28 PM

In total, approved investment pledges from all countries amounted to P179 billion in 2018, beating 2017’s P105.7 billion