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Philippines foreign investments yield net outflows in December

MANILA, Jan. 25 (Xinhua) -- The Philippines' foreign investments yielded net outflows of 205 million U.S. dollars in December 2023, the Philippine central bank said Thursday. The Bangko Sentral ng Pilipinas (BSP) said the December net outflow resulted from the 1.3 billion dollars in gross outflows and the 1.1 billion dollars gross inflows for the month. "The recorded net outflows are a reversal of the 673.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023

MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»

Category: newsSource:  inquirerRelated NewsFeb 16th, 2024

Approved foreign investments into Philippines up 127.2 pct in Q4 of 2023

MANILA, Feb. 15 (Xinhua) -- The approved foreign investments into the Philippines in the fourth quarter of 2023 reached 394.45 billion pesos (roughly 7 billion U.S. dollars), marking a year-on-year increase of 127.2 percent, the Philippine Statistics Authority (PSA) said on Thursday. Of the total, the statistics agency said the Netherlands posted the highest investment commitment, amounting to 345.76 billion pes.....»»

Category: newsSource:  inquirerRelated NewsFeb 15th, 2024

Foreign pledges materialize into $14 billion investments – DTI

A total of $14.2 billion worth of investments pledged during the foreign trips of President Marcos have already been actualized or have commenced implementation, the Department of Trade and Industry reported yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

US-Phl relationship ‘at its best right now’

Philippine Ambassador to the United States Jose Romualdez is urging the Philippine business community to rally behind President Marcos’ push for economic reforms that will enable the country to attract more foreign investments and compete with our strong neighbors in the region -- Vietnam, Indonesia, Malaysia and Thailand, who are all likewise trying to attract such investments......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Summit deals won’t affect China investments – Marcos

The expected influx of investments from the US and Japan that stemmed from the historic trilateral summit won’t affect China’s investments in the Philippines, President Marcos said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024

Agri chief, MVP Group discuss investments in food security

Agriculture Secretary Francisco Tiu Laurel Jr. met with business tycoon Manuel V. Pangilinan, chairman of Metro Pacific Investments Corp., to discuss plans for significant investments in agriculture to support the government's food security goals......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

5 Home Aspect Investments That Are Worth Every Penny

Investing in a home upgrade is always worth it, especially if the Lentor Mansion unit is yours. That said, some upgrades are better than most because they improve these five home aspects. Privacy Adequate privacy allows you to do the things you want or normally do without any prying eyes. Start by installing curtains on […] The post 5 Home Aspect Investments That Are Worth Every Penny appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsFeb 28th, 2024

Global manufacturers support expansion of Philippines industrial sector

The move of the government to attract more manufacturing investments and diversify sources of foreign pledges is seen to increase demand for industrial spaces in the country, bringing in high value manufacturing investments such as semiconductors......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

Why attract foreign investors?

Do we really need to revise our Constitution to attract foreign investors? It will help. We have provisions in our current Constitution that deliver the message that foreign investors are not welcome......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

FEF: Charter amendments to boost FDIs, clear policies

The proposed Charter amendments expanding foreign ownership rights in key sectors could attract more foreign direct investments into the country and help drive economic growth, according to the Foundation for Economic Freedom......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Eased forex rules to take effect this year

The Bangko Sentral ng Pilipinas is expected to release its final circular on eased foreign exchange rules this year to attract more foreign investments into the country, a Monetary Board member said yesterday......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

BSP to further relax forex rules

The Bangko Sentral ng Pilipinas may further relax its rules and regulations governing foreign exchange transactions in a bid to attract more foreign investments into the country......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Romualdez: Trilateral summit pagkilala sa foreign policy ni Marcos

Nanindigan si Speaker Ferdinand Martin Romualdez na ang trilateral summit ng Estados Unidos, Japan at Pilipinas ay isang pagkilala sa pamumuno at foreign policy ni Pangulong Bongbong Marcos. The post Romualdez: Trilateral summit pagkilala sa foreign policy ni Marcos first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 11th, 2024

Imee: EO 57 draws foreign interference, harmful to PH

MANILA, Philippines —  The measure beefing up the country’s maritime security, recently signed by President Ferdinand “Bongbong” Marcos Jr., is seen by the President’s elder sister, Senator Imee Marcos, as welcoming ‘many Trojan horses’ of foreign interference. The senator, who also heads the Senate panel on foreign relations, was pertaining to Executive Order No. 57,.....»»

Category: newsSource:  inquirerRelated NewsApr 1st, 2024

PH media slam Chinese foreign ministry’s claims of manipulating WPS reports 

Philippine media groups criticized the Chinese foreign ministry for suggesting that recent reports on Chinese harassment of Filipino vessels in the West Philippine Sea involved video manipulation and sensationalism to portray the Philippines as a victim. The Foreign Correspondents Association of the Philippines (Focap) and National Union of Journalists of the Philippines (NUJP) expressed offense.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

Philippines, Japan, US foreign officials prepare for tri-summit

As the Philippines prepares for a trilateral summit with Japan and the US on April 11, Foreign Affairs Undersecretary Ma. Theresa Lazaro met on Thursday in Tokyo with Japanese Vice Foreign Minister Okano Masataka and US Deputy Secretary of State Kurt Campbell to discuss regional security issues and economic cooperation......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

DepEd objects to foreign control of schools via Cha-cha, cites national security risk

The Department of Education on Monday drew the line at allowing foreign “entities” to own schools in the Philippines as proposed in two Charter change resolutions, saying that the entry of 100% foreign-operated schools in basic education will pose a threat to students’ sense of nationality and the country’s security......»»

Category: newsSource:  philstarRelated NewsMar 5th, 2024

Philippines diploma mill rep may attract low-tier foreign universities, expert warns

The Philippines' reputation for having so-called “diploma mills” makes it vulnerable to the entry of substandard foreign universities if proposals to open up higher education to foreign ownership push through, an education expert warned during a Senate hearing on Charter change......»»

Category: newsSource:  philstarRelated NewsFeb 22nd, 2024

Consented foreign divorce

Can a foreign divorce by mutual consent between the Filipina spouse and her foreign spouse be recognized in this jurisdiction?.....»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024