Confidence still high despite drop in foreign investments

Despite a dip in foreign investment pledges at the start of the year, investor confidence remains high, especially among domestic enterprises, the head of the Duterte administration's economic.....»»

Category: newsSource: philippinetimes philippinetimesJun 9th, 2018

Business confidence in PH still high despite drop in new foreign direct investment capital—Duterte adviser

Business confidence in PH still high despite drop in new foreign direct investment capital—Duterte adviser.....»»

Category: newsSource:  manilatimes_netRelated NewsOct 10th, 2017

Net FDI inflows on track to target

NET foreign direct investments (FDIs) recovered to a three-month high in July just as President Rodrigo R. Duterte formally occupied Malacañang, according to data the central bank released yesterday, riding on confidence in the newly seated administrat.....»»

Category: newsSource:  bworldonlineRelated NewsOct 10th, 2016

Front Page: Net FDI inflows on track to target

NET foreign direct investments (FDIs) recovered to a three-month high in July just as President Rodrigo R. Duterte formally occupied Malacanang, according to data the central bank released yesterday, riding on confidence in the newly seated administration.....»»

Category: financeSource:  bworldonlineRelated NewsOct 10th, 2016

Net FDI inflows drop 29% in Sept

Net foreign direct investments (FDI) dropped to their lowest level in six months in September, data from the Bangko Sentral ng Pilipinas (BSP) showed. At $569 million, the net inflow…READ The post Net FDI inflows drop 29% in Sept appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsDec 11th, 2018

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

MANILA, Philippines – Investor confidence in the Philippine economy "remained strong" as foreign direct investments (FDIs) from January to August 2018 soared by 31% at $7.42 billion. The  Bangko Sentral ng Pilipinas reported a dip for the month of August 2018 with only $752 million in FDI net inflows, 17.7% down from ........»»

Category: newsSource:  rapplerRelated NewsNov 14th, 2018

Foreign investments drop to 5-month low in August 2018

Foreign direct investment inflows dropped by more than 41 percent to a five-month low of $752 million in August from $1.28 billion in the same month last year amid concerns over rising interest rates and slower economic expansion, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsNov 12th, 2018

Foreign investments seen to hit new high

The Department of Budget and Management (DBM) sees foreign direct investment (FDI) inflows to the Philippines reaching another record high this year, exceeding the $10 billion recorded in 2017......»»

Category: financeSource:  philstarRelated NewsNov 3rd, 2018

West take notice: Lakers top unbeaten Nuggets

By Shaun Powell, LOS ANGELES -- There are foreign roads to navigate, traffic to curse and weather to bless. Change can be a mixed bag, even for LeBron James, and we haven’t yet mentioned his other new and complex surroundings, meaning, teammates to break in. There’s also a third layer to this unfamiliar skin, and this could be the most uncomfortable of them all. Yes, if LeBron and the Lakers are to deliver more than just must-see TV for insomniacs around most of the country, they must find a way to flex muscle in the Western Conference. As LeBron has already discovered, he ain’t in Kansas anymore. Actually, make that Orlando, Charlotte, Brooklyn, etc., etc., etc. For a superstar who doesn’t take nights off, well, he can’t afford to do so anyway in the West, where there’s seemingly another potential 50-game winner staring from the other bench. That’s what Thursday (Friday, PHL time) was all about, planting concern into the heads of the elite teams of the West and making them notice what’s taking place in Los Angeles. The Nuggets came into Staples Center undefeated and left with some clues about what LeBron and the Lakers can be in the near future, after they deal with the early bonding process. “Growth that’s continuing to happen,” is how Lakers coach Luke Walton described it. LeBron had his first triple-double as a Laker and given the circumstances -- no Rajon Rondo or Brandon Ingram, both suspended, for a second straight game -- they delivered their most impressive 48 minutes of the season with a 121-114 win. “The first couple of games when we fell behind, we stayed behind,” said LeBron, noting how the Lakers seized control from the Nuggets for good late. “The best teacher in life is experience.” These are the type of games he will see more frequently than he did with the Cavaliers and Heat. For someone who spent his entire career in the East, the upgrade in competition will force LeBron and the Lakers to sharpen their learning curve. Already the West shows few signs of fall-off from a year ago when 10 teams finished with winning records; because only the top eight make the playoffs, the remaining two had to go home, wishing they were in the East. It’s a small sample size so far, yet once again, it’s business as usual in the better conference: The Warriors remain the class of the conference and league, with all the usual suspects that delivered three championships in four years accounted for. OK, sure, Klay Thompson might need to dispatch his trusty dog Rocco to search for his missing jumper. But: Did you see Steph Curry drop 51 on the Wizards the other night? Well, then. What’s interesting and most frightening about the Warriors is how they’re still a few months from suiting up DeMarcus Cousins, who has advanced to light work and dropping sweat in non-contact drills. Last season’s West runner-ups, the Rockets, are obviously missing the perimeter defense and shooting of Trevor Ariza, who signed with the lowly Suns (purely a money-grab for him). Meanwhile, Carmelo Anthony is shooting 26 percent from deep and straining while trying to keep this from becoming an extension from his Oklahoma City stop. Also: James Harden is dealing with a tweaky hamstring and Chris Paul, fresh from wiping Rajon Rondo’s DNA off his face, his serving out a suspension. Yet this will not last long; already, Rockets GM Daryl Morey is up to his tricks, scheming to trade a plate of Texas brisket to the Timberwolves for Jimmy Butler. If Morey pulls that off, the Rockets will have three All-Stars in their starting five, second only to the Warriors. LeBron must beware of Rondo’s old team, which is playing like it isn’t missing Rondo as much as some folks were led to believe. The New Orleans Pelicans is flourishing with a breezy style that’s a carryover from their surprising second-round run in last spring’s playoffs, with Niko Mirotic putting up more points than Anthony Davis and ex-Laker Julius Randle fitting right in next to AD. Speaking of the unexpected, the Spurs with DeMar DeRozan off to a good start could make it 22 straight playoff appearances after all the changeover and injuries. And Pat Beverly said the Clippers are the best team in LA; take that for what it’s worth, but it shows you that nobody is rolling out the red carpet for the Lakers just because they added LeBron. The Nuggets missed the playoffs on the final regular season day last season and they’re perhaps wiser for it. Nikola Jokic is making his top-three center case and Denver’s defense is rating No. 1 in efficiency. What they saw Thursday (Friday, PHL time) was a controlled and efficient game from LeBron (28 points, 11 rebounds, 11 assists); Lonzo Ball strip Jamal Murray in the open floor for one of his five steals; former Warriors role player JaVale McGee actually getting 16 shots and doing something with it with 21 points; and highly entertaining energy from Lance Stephenson off the bench. Nuggets coach Mike Malone was an assistant from 2005-10 in Cleveland and therefore saw the LeBron Effect first-hand in those formative years. “Sure, the West is tougher,” Malone said, “but also this is his first time playing with all those guys. As he said, this will take time. It doesn’t happen overnight, just as it didn’t last year in Oklahoma City when they brought in Paul George and Carmelo Anthony and everybody thought they were going to be great right away. Playing with LeBron isn’t easy. It easy, but it isn’t easy. When we traded for guys like Wally Szczerbiak, he comes in and says `I’ve never been this open in my life.’ He had a hard to making shots because he was so open. “LeBron is bringing all those guys confidence up. Josh Hart, Kyle Kuzma, they’ll be better off for it. He’s a great player and slowly the team will round into form. My definition of greatness is, what can you do for everyone around you? Can you take them to new heights? And he has done that repeatedly throughout his career. He’s doing the same thing now in LA.” A week into the season tells us this about the Lakers: They’ve played four of their five games against playoff teams, winning only one but taking the other three well into the fourth quarter. They’re two missed LeBron free throws from a winning record. LeBron is MVP-like and sturdy as ever, and the other pieces are slowly dropping into place. Whether it’ll be good enough to make traction in a tough conference will take months to sort out. Yes, the West is better. But that’s also because the Lakers fueled by LeBron, no longer the post-Kobe pushovers, are better as well. Veteran NBA writer Shaun Powell has worked for newspapers and other publications for more than 25 years. You can e-mail him here or follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting. .....»»

Category: sportsSource:  abscbnRelated NewsOct 26th, 2018

BOI Investment Approvals Up 19% for Jan-Sept 2018

The Philippine Board of Investments (BOI), the country’s primary industry development and lead investment promotion agency, posted investment approvals worth Php454.8 billion for the first nine months of 2018, a 19.3 percent increase compared to the same period last year where it reached Php381.2 billion. “Investor confidence in the country remains high. The Philippines continues […].....»»

Category: newsSource:  metrocebuRelated NewsOct 19th, 2018

From the Front Page: Rice imports ‘unimpeded’, FDIs surged, Inflation peaked?

A fresh nine-year high leaves top officials conflicted over whether we’ve seen this year’s peak for inflation. President Duterte orders “unimpeded” rice imports to counter soaring prices on basic goods. And foreign direct investments more than double year-on-year in July. This and more in your weekly recap of BusinessWorld news, From the Front Page. By… link: From the Front Page: Rice imports ‘unimpeded’, FDIs surged, Inflation peaked?.....»»

Category: newsSource:  manilainformerRelated NewsOct 12th, 2018

Foreign investments up 52% at end-July

Long-term investment inflows into the Philippines continued to defy the outflow of short-term capital from the financial markets and the adverse sentiment brought about by high inflation and slowin.....»»

Category: newsSource:  philippinetimesRelated NewsOct 11th, 2018

Foreign direct investments soar in July 2018 despite economic tensions

MANILA, Philippines – Foreign direct investments (FDI) increased in July despite high inflation , a slowdown of economic growth , and short term capital flight. The Bangko Sentral ng Pilipinas reported on Wednesday, October 10, that FDI inflows in July reached $914 million, 62.36% higher than the $344 million in the ........»»

Category: newsSource:  rapplerRelated NewsOct 11th, 2018

Business group prods gov’t to address high power cost

The government should focus in making power rates in the country competitive and address inefficient transport and telco services to attract more foreign direct investments (FDI) and achieve inclusive economic growth, the Philippine Chamber of Commerce and Industry (PCCI) said......»»

Category: financeSource:  philstarRelated NewsOct 3rd, 2018

PCCI pushes grant of power subsidies

Apart from pushing for competitive bidding in the power industry, it may be high time for government to explore possible power subsidies to make the country competitive with neighboring countries and to bring in foreign investments, the country’s largest business group said......»»

Category: financeSource:  philstarRelated NewsSep 28th, 2018

Net ‘hot money’ hits 5-month high

Net foreign portfolio investments remained positive in August, rising to their highest in five months based on Bangko Sentral ng Pilipinas (BSP) data released on Thursday. The $225.85-million net “hot money” inflow—significantly higher than July’s $53.29 million—came as investments in peso debt instruments and Philippine Stock Exchange (PSE)-listed securities more than offset outflows. “This may be attributed [...] The post Net ‘hot money’ hits 5-month high appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 13th, 2018

Job losses seen under Trabaho bill

MANILA, Philippines – The Philippine Ecozones Association (Philea) warned that the Tax Reform for Attracting Better and High-Quality Opportunities (Trabaho)  bill would have a negative impact on foreign direct investments in economic zones across the country. Philea  said the measure would mean job losses, lower production output and exports, capital flight, and other setbacks ........»»

Category: newsSource:  rapplerRelated NewsAug 30th, 2018

Foreign investments still coming

Foreign direct investments (FDI) continued to surge into the country for the January-May 2018 period, with registered net inflows hitting $4.8 billion, or a growth of 49 percent from the comparable period in 2017, the Bangko Sentral ng Pilipinas (BSP) said.   In a statement, the central bank said investment inflows were boosted by continued favorable investor sentiment on the back of the country's solid macroeconomic fundamentals and growth prospects.   The strong performance of inward investments in the first five months of the year came on the heels of a record high FDI figure of $10 billion recorded for all of 2017.   The latest data showed that net eq...Keep on reading: Foreign investments still coming.....»»

Category: newsSource:  inquirerRelated NewsAug 11th, 2018

Turkey shaken by financial fears, Trump rattles it further

      ANKARA, Turkey --- A financial shockwave ripped through Turkey on Friday, when its currency nosedived on concerns about its economic policies and a dispute with the U.S., which President Donald Trump stoked further with a promise to double tariffs on the NATO ally. The lira tumbled 14 percent in one day, to 6.51 per dollar, a massive move for a currency that will make the Turkish poorer and further erode international investors' confidence in the country. The currency's drop --- 41 percent so far this year --- is a gauge of fear over a country coming to terms with years of high debt, international concern over President Recep Tayyip Erdogan's push ...Keep on reading: Turkey shaken by financial fears, Trump rattles it further.....»»

Category: newsSource:  inquirerRelated NewsAug 11th, 2018

Foreign investments hit 7-month high in May 2018

The Philippines remains on the radar of foreign investors as direct investments surged by 143 percent to hit a seven-month high of $1.64 billion in May from $677 million in the same period last year, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsAug 10th, 2018

FDI net inflows grow by 142.9% in May 2018

FOREIGN direct investments (FDI) net inflows rose more than twice in May 2018 to US$1.6 billion from US$677 million recorded last year. This reflects continued investor confidence in the Philippine economy’s strong macroeconomic fundamentals and growth prospects. All FDI components yielded higher net inflows during the month. About eighty percent of FDI net inflows were […] The post FDI net inflows grow by 142.9% in May 2018 appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsAug 10th, 2018