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How attractive is the Philippines to foreign direct investors?

The post How attractive is the Philippines to foreign direct investors? appeared first on BusinessWorld......»»

Category: newsSource: bworldonline bworldonlineMar 13th, 2018

Fiscal perks overhaul seen keeping investors on edge

THE PHILIPPINES still receives the least foreign direct investments (FDI) among Southeast Asian nations, a global bank has noted, pinning the blame on constitutional restrictions and uncertainty over a new system for tax perks. The post Fiscal perks overhaul seen keeping investors on edge appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsSep 2nd, 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

Foreign investments surged in Q1

Inflows of foreign direct investments to the Philippines rose substantially in the first quarter of the year as investors were reassured by the country's strong economy, the central bank said.....»»

Category: newsSource:  philippinetimesRelated NewsJun 12th, 2018

Foreign investments into PH surged in Q1 on strong economic prospects

Bangko Sentral ng Pilipinas. INQUIRER.net FILE PHOTO Inflows of foreign direct investments to the Philippines rose substantially in the first quarter of the year as investors were reassured by the.....»»

Category: newsSource:  philippinetimesRelated NewsJun 12th, 2018

Business of Football - Philippines highlights football s growth in the country

MANILA -  The recent success of The Azkals, with their Asian Cup qualification, and their FIFA ranking at its highest at 111, has given football a renewed confidence, and a positive outlook in terms of the growth of the sport in the Philippines.   Football is now tipped to become the fastest growing sport in the country, with the largest potential for success commercially, and in terms of on-pitch success.  The sport which is currently number 3 in the Philippines in terms of popularity and participation, after basketball and boxing, is said to be still further behind compared to other sports, such as volleyball, billiards, etc., in terms of TV coverage. These were among the insights and trends gathered from top-notch executives of organizations such as AFC, PFF, PFL, LaLiga, Dentsu X, SMG Insight, Globe Telecom, RSportz, Toby Sports and Manila Times, at the ‘Business of Football - Philippines’, organized by MMC Sportz.  The sold-out event was attended by more than 185 local and foreign delegates on 18 May 2018 at the New World Makati Hotel.   MMC Sports CEO Eric Gottschalk says, “Research in this market, shows that TV is still the number one platform here in the Philippines, and is the number one medium that advertisers are looking for, to spend their budgets on.  We also learned that live TV coverage actually stimulates stadium attendance, and not vice versa.  If there’s more football on TV, we will see more fans in the stadium.  Currently football is not ranked among the top 100 TV programmers in the Philippines and is only number 3 sport in terms of participation and popularity after basketball and boxing.  Football needs media in order to drive commercial revenues for the clubs.”   “Now is also the perfect time to get involved in football since sponsorship and advertising opportunities are currently very affordable compared for example to basketball, but this is predicted to change within the next 6-12 months, as values are expected to increase sharply.  Football also needs to create more idols and heroes to attract more media coverage overall, other than just covering game scores. Each team has a unique story which just needs to be told,” says Gottschalk. Following the presentation about the Philippines Football League (PFL) it was agreed that the PFL now fills the lack of regular created football content as the leagues matches (87 in 2018/19 season) contribute year-round stories to keep football in the news. In the past, the main talking points were around the Azkals which only play very few home matches each year.      Public education about the game of football is also needed on all levels as many people in the Philippines are still not aware about the rules or aware of programs available like coaching academies, amateur competitions, or how and where to follow the professional league.  Ten thousand (10,000) qualified grassroots coaches are also needed to satisfy the local demand and to trigger strong football development and growths. Investors on the other hand are looking for consistency and credibility of the football product but with the PFL in the second season and foreign sponsors expected to invest in the Philippines, local brands should consider to follow suit.  On the sports retail side, only 1.5% of current retail sales are attributed to football, while basketball enjoys a healthy 46% market share. As a result, only limited line items and stocks are available in stores and entry level boots and replica jerseys are too high priced to be affordable for the average consumer. The national player registration program, MY PFF, has been launched with the objective to collect vital statistics and data about the football community which is urgently needed to support the youth football development strategy of the PFF and to develop a players pathway.  As FIFA has mandated to register the estimated 1.5 million players in the Philippines, the PFF has urged organizers and players to already register online as by next month only registered players will be allowed to participate in sanctioned events. The “Business of Football – Philippines” conference also announced 36 career opportunities related to sports and football, including positions in marketing, legal, competition management and coaching, with all these listing being available online with MMC Sportz or for direct inquiries with the PFF. In his closing remarks, MMC Sportz CEO Eric M. Gottschalk stated that “More importantly, Don’t Break the 12th Man! It is important that all stakeholders don’t forget to engage with the fans. The fans are the most important aspect of the development of football in the Philippines – if there are no fans of football then there is no media, no spectators, no players, no games, no business. Everyone is required to ensure we keep the fans (football consumers) engaged year-long and the first step would be to get the media behind the game. There is a strong football - community out there already and hopefully, we the TV broadcasters will take another look at football and give them at least some consideration on the program schedule.  I believe today’s conference was a great success.  We brought the football community together, stimulated thinking, exchanged ideas and transferred a lot of knowledge. Now it is up to the football stakeholders to continue the progress.  From our end (and with the approval of the PFF) we will stage the 2nd edition of BOF early 2019 and hopefully we will be able to report on some of the changes initiated today.”    Speakers who shared their insights include LaLiga Managing Director for South East Asia, Japan, Korean and Australia Ivan Codina, AFC Head of MA Services Domeka Garamendi, SMG Insight Managing Director Frank Saez, Azkals Team Manager Dan Palami, Globe Director for OIC, Citizenship and Advocacy Marketing Miguel Bermundo, PFL CEO Lazarus Xavier, PFF General Secretary Atty. Edwin Gastanes, Ignite Sports Group Managing Director Michael Reyes,  Asian Replica Designs Founder & Owner Jonathan Mallinson, Quorum Group President & COO Jose Claudio, Jr., Mediapro Asia Director of Sales and Sponsorship Salauddin Sinnakandu, and MMC Sportz Marketing CEO Eric Gottschalk.  Organized by MMC Sportz Asia, the event was sanctioned by the Asia Football Confederation (AFC) and the Philippines Football Federation (PFF), and sponsored by La Liga, Dentsu X, SMG Insight, RSportz, Globe Telecom, Toby’s Sports, Manila Times and Platinumlist. - RELEASE  .....»»

Category: sportsSource:  abscbnRelated NewsMay 22nd, 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

US firms woo PH partners amid China push

The head of a US business delegation rated the Philippines' as one of the most attractive destinations for foreign direct investments owing to the country's positive economic prospects, and urged local stakeholders to work more closely with American firms on the technology front. In an interview, Ambassador Michael Michalak of the US-Asean Business Council said he had led a group of US business people to meet with government officials and learn more about the plans of the Duterte administration for the Philippines. "We were all impressed by what we heard from the economic managers," he said. "If only half of what they said they would do would happen, that would make the country ver...Keep on reading: US firms woo PH partners amid China push.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2018

FDIs steady year to date as September flows surge

FOREIGN DIRECT INVESTMENTS (FDI) to the Philippines surged in September amid sustained optimism from offshore investors, with both intercompany lending and equity capital picking up from a year ago, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Net FDI jumped 61.8% to $754 million that month from the $466-million inflow in September 2016, although it […] The post FDIs steady year to date as September flows surge appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsDec 11th, 2017

Foreign investors remain confident on PH as investment destination   

    The Philippines (PH) under the Duterte Administration continues to enjoy the confidence of foreign direct investors with the Department of Trade and Industry (DTI), through the Board of Investments (BOI), welcoming the investment intentions of Chinese firms Huili Investment Fund Management Co., Ltd. and Yi Ding Tai International Corporation.   The investments, focusing […].....»»

Category: newsSource:  boholnewsdailyRelated NewsNov 2nd, 2017

PHL &'145;more attractive' to FDI -- US report

THE PHILIPPINES has become “more attractive” to foreign direct investments (FDI), the US State Department said in a June 29 report, but nagging constraints like limits to foreign ownership, poor infrastructure, corruption and red tape must be addressed to improve competitiveness and ease the conduct of business......»»

Category: newsSource:  bworldonlineRelated NewsJul 2nd, 2017

Philippines to attract more FDI despite global uncertainties -- BSP

THE CENTRAL BANK expects a fresh high for foreign direct investments (FDI) this year, with strong economic growth prospects and the country’s infrastructure push expected to attract investors to the Philippines despite nagging global uncertainties......»»

Category: newsSource:  bworldonlineRelated NewsJun 19th, 2017

FDI inflows up 13.2% in Jan

MANILA, Philippines - Foreign direct investment (FDI) inflows recorded a double-digit growth of 13.2 percent in January as investors remained optimistic on t.....»»

Category: financeSource:  philstarRelated NewsApr 10th, 2017

Company borrowings, not new investors, push FDI up

MANILA, Philippines — Foreign direct investments (FDI) rose for the first month of 2017, but the increase came mostly companies and subsidiaries borrowing am.....»»

Category: financeSource:  philstarRelated NewsApr 10th, 2017

Phl draws investor interest in Davos forum

MANILA, Philippines - The Philippines remains an attractive trade and investment option among foreign investors as reflected in the 47th World Economic Forum.....»»

Category: financeSource:  philstarRelated NewsJan 20th, 2017

Business leaders back Cha-cha; Rody creates panel

MANILA, Philippines - Business heavyweights have revived calls for amending the Constitution to make the country more attractive to foreign investors......»»

Category: newsSource:  philstarRelated NewsDec 8th, 2016

Debt raters find PHL still attractive

THE PHILIPPINES remains a viable destination for foreign investors as fiscal and economic policies remain intact despite political risks, international credit raters said, noting that an unblemished growth story should sustain optimism......»»

Category: newsSource:  bworldonlineRelated NewsNov 30th, 2016

Front Page: Debt raters find PHL still attractive

THE PHILIPPINES remains a viable destination for foreign investors as fiscal and economic policies remain intact despite political risks, international credit raters said, noting that an unblemished growth story should sustain optimism......»»

Category: financeSource:  bworldonlineRelated NewsNov 30th, 2016

1st half FDI nearly doubles despite June's drop

NET foreign direct investments (FDI) to the Philippines were nearly halved in June as investors waited on the sidelines for a change in the country’s leadership, according to latest data the Bangko Sentral ng Pilipinas (BSP) released yesterday that.....»»

Category: newsSource:  bworldonlineRelated NewsSep 13th, 2016

Front Page: 1st half FDI nearly doubles despite June's drop

NET foreign direct investments (FDI) to the Philippines were nearly halved in June as investors waited on the sidelines for a change in the country's leadership, according to latest data the Bangko Sentral ng Pilipinas (BSP) released yesterday that still .....»»

Category: financeSource:  bworldonlineRelated NewsSep 13th, 2016

PH still lagging behind peers in attracting foreign investments | Inquirer Business

London-based Capital Economics sees the Philippines remaining a laggard in the region in terms of attracting foreign direct investments (FDI) due to political uncertainties. The post PH still lagging.....»»

Category: newsSource:  philippinetimesRelated NewsDec 9th, 2018