investments - updates

Rappler's latest stories on investments

ARTICLE FINDER

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

Customs, Phividec to go after Verde Soko for S. Korean garbage import

Feb 26, 2019 - 7:59 PM

The consignee meant to process the trash, Verde Soko, is absent during the hearing

Members of the Ecowaste Coalition shows up signs condemning and protesting the importation of hazardous waste materials from South Korea inside the Mindanao International Container Terminal in Tagoloan, Misamis Oriental on Sunday, January 13,2019. The 1,400 tons of waste inside 51 40-footer containers will be ship back to South Korea onboard M/V Kalliroe on January 14,2019. Photo by Bobby Lagsa/Rappler/Rappler

Google investing billions in U.S. operations

Feb 14, 2019 - 12:11 PM

Spending goes up from $9 billion last year to $13 billion this year in US investments

PICHAI. Google CEO Sundar Pichai delivers the keynote address at the Google I/O 2018 Conference at Shoreline Amphitheater on May 8, 2018 in Mountain View, California. File photo by Justin Sullivan/Getty Images/AFP


Approved investments hit P97.9 billion in January 2019

Feb 11, 2019 - 12:40 PM

Trade Secretary Ramon Lopez says the Board of Investments is off to a good start in its attempt to hit P1 trillion in approved investments for 2019

Malacañang: Henry Sy Sr a 'pillar of Philippine economy'

Jan 19, 2019 - 5:15 PM

(UPDATED) 'Mr Sy exemplified the hardworking Filipino. As a family man, he had moulded his children into his own image: humble, hardworking and a man of prophetic vision,' says Presidential Spokesperson Salvador Panelo

HALF-MAST. SM flags are at half-mast at the SM Mall of Asia, Pasay City on January 19, 2019 for the death of owner and tycoon Henry Sy. Photo by Inoue Jaena/Rappler

Elections, infra push to boost PH economy in 2019 – First Metro

Jan 15, 2019 - 7:10 PM

First Metro Investment Corporation expects economic growth and lower inflation, but a weaker peso in 2019

8 foreigners, 24 Filipinos nabbed in Pasig over online investment scam

Nov 30, 2018 - 7:43 PM

The top suspect, a certain Owen Lloyd Sterling, remains at large, according to the Philippine National Police

SEIZED EQUIPMENT. Cops seized computers, phones, and routers from the raid. NCRPO photo

Foreign direct investments for January to August 2018 up by 31%

Nov 14, 2018 - 7:05 PM

This is despite a 17.7% dip for the month of August, compared to July

INVESTMENTS. Foreign investments dips in August 2018, according to the Bangko Sentral ng Pilipinas. Photo by Ted Aljibe

[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

Gov't allows 100% foreign ownership in 5 investment areas

Oct 31, 2018 - 2:40 PM

(UPDATED) The 11th Regular Foreign Investment Negative List also relaxes restrictions on some public works

INFRA SPREE. President Rodrigo Duterte says his term is the 'golden age of infrastructure'. Photo from Malacanang

Saudi to host 'Davos in desert' despite outcry over slain journalist

Oct 21, 2018 - 12:33 PM

Billed last year as an economic coming-out party for the conservative petro-state, the 'Future Investment Initiative' now symbolizes global outrage over the silencing of critics

BACKFIRE. Portraits of Saudi King Salman bin Abdulazziz (right) and his son Crown Prince Mohammed bin Salman are seen on October 18, 2018 in Riyadh. Photo by Fayez Nureldine/AFP

Is Africa starting to choke on China's lending glut?

Oct 18, 2018 - 10:23 PM

China is the single largest bilateral financier of infrastructure in Africa, exceeding the combined total of the African Development Bank (ADB), the EU, International Finance Corporation, the WB and the G8 countries

WELCOME. File photo of China's President Xi Jinping applauding as he attends the Forum On China-Africa Cooperation - Round Table Conference at the Great Hall of the People in Beijing on September 4, 2018. Photo by Lintao Zhang/Pool/AFP

Why women, including feminists, are still attracted to 'benevolently sexist' men

Oct 13, 2018 - 5:30 PM

Does benevolent sexism always undermine women? It might depend on context.

SIGNAL. What sort of signal does holding a door for a woman send? KOLOTAILO LIDIIA

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'

Philippines revs up flagging green energy engine

Oct 10, 2018 - 12:55 PM

A surge of new exploration efforts are underway in a nation that has some of the world's largest untapped sources of volcanic heat, but which relies on coal for half its electricity

Despite final ruling, Cocolife wants to negotiate coco levy case with PCGG

Sep 28, 2018 - 11:09 AM

Cocolife insists the best way to move forward is through a negotiated settlement with the PCGG, an agency that once expressed openness to dropping suits against the Marcoses

NAIA Consortium gains original proponent status for P102-B airport rehab

Sep 13, 2018 - 6:02 PM

The proposal to rehabilitate the Ninoy Aquino International Airport is now up for the approval of the National Economic and Development Authority Board

REHAB. NAIA Consortium has been awarded the "original proponent status" by the government for the rehabilitation of the country's main gateway. File photo by Ben Nabong/Rappler

RAM upgrades Philippines' credit rating

Aug 31, 2018 - 6:46 PM

A higher credit rating translates to more foreign investments and a lower borrowing cost for both the government and private sectors


Toyota pours $500M into driverless car tieup with Uber

Aug 28, 2018 - 10:15 AM

The deal aims at 'advancing and bringing to market autonomous ride-sharing as a mobility service at scale,' says Toyota


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

Grab raises $2B to fight ride-hailing competition

Aug 03, 2018 - 8:20 AM

Around $1 billion is coming from Japanese car giant, Toyota

Image from Grab


PEZA, Board of Investments challenge 2nd TRAIN package

Jul 24, 2018 - 7:20 PM

The agencies warn that the 2nd tranche of the Tax Reform for Acceleration and Inclusion law might spook investors and may even be unconstitutional

Coco levy fund: Duterte's failed promise

Jul 19, 2018 - 5:52 PM

'He's been doing it all along for other bills like the death penalty, lowering of age [of criminal responsibility], why not do this for his campaign promise, coco levy?'

FAILED CAMPAIGN PROMISE? President Rodrigo Duterte promises coconut farmers that he would return the coco levy funds to them. Two years into his term, the promise remains just that. File photo by Rappler