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FDI inflows up in Q1 2018

Net inflow of foreign direct investments rose to $2.18 billion in the first three months as investors continued to show confidence on the Philippine economy, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource: philstar philstarJun 11th, 2018

Long-term foreign investments in PH surge for second straight month

Short-term funds are flowing out due to better yields overseas, but don't tell that to long-term foreign investors who continue to plough their money into the Philippines on the back of what the central bank says is "confidence" in the local economy. In a statement, the Bangko Sentral ng Pilipinas said foreign direct investments posted a net inflow of $573 million in February 2018, representing an increase of 46.4 percent from year-ago level---the second consecutive month this year that showed strong investment inflows. This was due mainly to the 56.3-percent growth in investments in debt instruments, or intercompany borrowings between foreign direct investors and their subsidiarie...Keep on reading: Long-term foreign investments in PH surge for second straight month.....»»

Category: newsSource:  inquirerRelated NewsMay 10th, 2018

WB: PH ban on OFW deployment to Kuwait to have ‘muted’ effect on remittances

      The government's ban on the deployment of Filipino workers to Kuwait will unlikely dent the robust remittance flows to the Philippines, the World Bank said.   In its April 2018 Migration and Development Brief, the Washington-based multilateral lender noted that the Philippines was the third biggest recipient of remittances last year, reaching $33 billion.   Only India, with $69 million, and China ($64 billion) exceeded the Philippines' remittance inflows in 2017.   The 5.3-percent growth in remittances last year was faster than the 4.5 percent in 2016.   For the World Bank, "the impact on remittance inflows of ...Keep on reading: WB: PH ban on OFW deployment to Kuwait to have ‘muted’ effect on remittances.....»»

Category: newsSource:  inquirerRelated NewsApr 25th, 2018

Foreign direct investments post strong start for 2018

By Melissa Luz T. Lopez Senior Reporter FOREIGN direct investments (FDI) surged in January, the central bank reported on Tuesday, saying it expected inflows to keep rising this year amid upbeat domestic activity and positive market sentiment. FDIs to the Philippines started 2018 with $919-million net inflows, jumping by 56.7% from the $587 million that […] The post Foreign direct investments post strong start for 2018 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 10th, 2018

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

MANILA, Philippines – After surpassing expectations in 2017, strong foreign direct investment (FDI) inflows into the country continued at the beginning of 2018, according to the Bangko Sentral ng Pilipinas (BSP). Preliminary data released by the BSP on Tuesday, April 10, showed that FDI flows totaled $919 ........»»

Category: newsSource:  rapplerRelated NewsApr 10th, 2018

Net FDI for Jan hits 2-mth high of $919M

Foreign direct investments (FDI) hit a two-month high in January, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday, with higher net equity capital inflows having offset lower reinvested earnings and intercompany loans. Central Bank data showed net FDI inflows of $919 million during the first month of 2018, up from $699 million a month [...] The post Net FDI for Jan hits 2-mth high of $919M appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsApr 10th, 2018

Increased investments in Davao, Mindanao due to international attention – Mayor Sara

DAVAO CITY (MindaNews / 22 March) – The “substantive international attention” given to Davao City and Mindanao paved the way for increased investment inflows here, Mayor Sara Duterte said. In a message read by Davao City Investment Promotions officer-in-charge Lemuel Ortonio during the 2018 Taiwan Trade and Investment Delegation to the Philippines at the Marco […] The post Increased investments in Davao, Mindanao due to international attention – Mayor Sara appeared first on MindaNews......»»

Category: newsSource:  mindanewsRelated NewsMar 22nd, 2018

Manufacturing investments reach US$1.15 B as FDI inflows hit all – time high of US$10.1 B – Lopez

  MAKATI – Department of Trade and Industry (DTI) Secretary Ramon Lopez announced on 13 March 2018 that investments in manufacturing surged by 244%, posting a record of US$ 1.15 billion inflows.   “The figures account for 35% of the US$ 3.3 billion equity capital placements in 2017,” said Sec. Lopez.   The statement was […].....»»

Category: newsSource:  boholnewsdailyRelated NewsMar 14th, 2018

FDI hits all-time high of $10B in 2017

FOREIGN direct investments (FDI) reached an all-time high of $10.049 billion in 2017, up 21.4 percent year-on-year and exceeding the central bank’s full-year target of $8 billion in net inflows, official data showed on Monday. For the month of December 2018, net inflow reached $699 million, smaller than November’s $990 million and also 9 percent lower than [...] The post FDI hits all-time high of $10B in 2017 appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimesRelated NewsMar 12th, 2018

Philippines ‘best country to invest in’ — report

The Philippines was named the top investment destination by a global research firm, noting that its young population will attract more firms looking for a good labor force. The US News & World Report named the Philippines as the “Best Country to Invest In” for its 2018 Best Countries report. “In contrast to declining inflows […] The post Philippines ‘best country to invest in’ — report appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsMar 5th, 2018

2018 starts with smaller ‘hot money’ net inflows

By Melissa Luz T. Lopez, Senior Reporter MORE FOREIGN FUNDS entered the Philippines in January, compared to gross inflows the preceding month and a year ago, but a bigger increase in total outflows caused net inflows to shrink in those comparative periods, according to data the central bank released on Thursday evening. Foreign portfolio investments […] The post 2018 starts with smaller ‘hot money’ net inflows appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsFeb 18th, 2018

Positive start to 2018 for hot money inflows

Positive investor sentiment saw net foreign portfolio investments hit P162.16 million January, the Bangko Sentral ng Pilipinas (BSP) reported on Thursday, with the bulk of the so-called “hot money” going to the equities market. Net inflows for the month were “attributable to investor optimism over the passage of the first phase of the government’s tax [...] The post Positive start to 2018 for hot money inflows appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsFeb 16th, 2018

PH starts 2018 with hot money net inflows of $162M

MANILA, Philippines – The Philippine economy kicked off 2018 with a net inflow of foreign portfolio investments as it rode the wave of investor optimism in the Philippine Stock Exchange (PSE) for much of January. Data released by the Bangko Sentral ng Pilipinas (BSP) on February 16 showed that foreign ........»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2018

BSP sees narrower BoP deficit in 2018

By Melissa Luz T. Lopez, Senior Reporter THE Bangko Sentral ng Pilipinas (BSP) expects the country’s external payments position to settle at a narrower deficit in 2018, supported by robust service-related inflows despite heavy importations and flighty foreign capital. The central bank released its latest projections for the Philippines’ balance of payments (BoP) position on […] The post BSP sees narrower BoP deficit in 2018 appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 15th, 2017

BSP sees narrower BoP deficit in 2018

By Melissa Luz T. Lopez, Senior Reporter THE Bangko Sentral ng Pilipinas (BSP) expects the country’s external payments position to settle at a narrower deficit in 2018, supported by robust service-related inflows despite heavy importations and flighty foreign capital. The central bank released its latest projections for the Philippines’ balance of payments (BoP) position on… link: BSP sees narrower BoP deficit in 2018.....»»

Category: newsSource:  manilainformerRelated NewsDec 15th, 2017

Kaya FC fall to Davao Aguilas

KAYA FC-Iloilo saw its winning streak snapped in the ongoing 2018 Philippines Football League after losing to Davao Aguilas FC, 1-3 at the Rizal Memorial Football Stadium, June 20. The Davao-based team drew first blood through Kim Sung-min’s header off a pass from Phil Younghusband in the 25th minute. Robert Lopez Mendy equalized matters for […] The post Kaya FC fall to Davao Aguilas appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated News6 min. ago

Hua Siong captures Bingawan cage title

THE basketball team of Hua Siong College of Iloilo (HSCI) wrapped up the Bingawan Foundation Cup-Season 2-Preseason High School Basketball with a blowout victory against St. Robert’s International Academy (SRIA) Panda Rockets, 90-71, at the Bingawan covered gym, June 19, 2018. Reynold Tupas erupted with 24 big points to claim the title for the Hua […] The post Hua Siong captures Bingawan cage title appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated News6 min. ago

UPV conducts mandatory training for SK officials

By: Lyncen M. Fernandez IN RESPONSE to Republic Act 10742 (An Act Establishing Reforms in the Sangguniang Kabataan to Create Enabling Mechanisms for Meaningful Youth Participation in Nation Building), UP Visayas, in partnership with DILG Region VI and the UPV Foundation Inc., conducted Mandatory Training for newly elected SK officials on May 17, 2018. The UPV […] The post UPV conducts mandatory training for SK officials appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated News45 min. ago

Suspect in fatal hit-and-run yields

BACOLOD City – The suspect in a hit and run incident Wednesday morning that resulted in the death of a man and his 6-year-old son voluntarily surrendered to police on June 22, 2018. In a report, Aksyon Radyo-Bacolod said Kathryn Rhea Mationg, the driver of the Kia Rio car that figured in the mishap, yielded […] The post Suspect in fatal hit-and-run yields appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated News45 min. ago

145 drug rehab enrollees to graduate in July 2018

BACOLOD City – About 145 enrollees of the Community-Based Drug Rehabilitation Program (CBDRP), which was initiated by the City Anti-Drug Abuse Council (CADAC) here, are scheduled to graduate in the third week of July 2018. The data is based on the recent update on the second batch of enrollees, who are drug surrenderers, provided by […] The post 145 drug rehab enrollees to graduate in July 2018 appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated News45 min. ago

Accreditation woes force hospital to close down

BACOLOD City – A private hospital here will be closing down effective June 30, 2018, after the Philippine Health Insurance Corporation (PhilHealth) Accreditation Sub-Committee denied its application for continuous accreditation as a Level 2 provider. In a letter, PhilHealth-6 regional head Lourdes Diocson told Dr. Reynold Wong, medical director of the Bacolod Our Lady of […] The post Accreditation woes force hospital to close down appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated News45 min. ago