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Philippines FDI net inflows decline 6.6 pct in 2023

MANILA, March 11 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 6.6 percent in 2023, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows reached 826 million U.S. dollars last December, bringing the yearly total amount to 8.9 billion dollars in 2023, compared to 9.5 billion dollars in net inflows recorded in.....»»

Category: newsSource:  manilanewsRelated NewsMar 11th, 2024

Philippines FDI net inflows grow by 27.8 pct in November

MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»

Category: newsSource:  manilanewsRelated NewsFeb 12th, 2024

Philippines FDI net inflows grow by 27.8 pct in November

MANILA, Feb. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 27.8 percent in November 2023 to reach 1 billion U.S. dollars, the country's central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the November figure brought the country's FDI net inflows from January to November 2023 to 7.6 billion dollars, 13.3 percent lower than the 11 months in 20.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 12th, 2024

Philippines FDI net inflows drop by 29.6 pct in October

MANILA, Jan. 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 29.6 percent in October 2023 to 655 million U.S. dollars, the country's central bank said Wednesday. The Bangko Sentral ng Pilipinas (BSP) said the latest figure brought the country's FDI net inflows from January to October 2023 to 6.5 billion dollars, a 17.5 percent decline from the same period.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 2024

Philippines FDI ‘bound to improve’ in coming years – HSBC

The Philippines would be able to attract more foreign direct investments (FDI) in the coming years amid reforms that improved the country’s business climate, HSBC Global Research said......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

SC junks developer’s bid to recover lands from PCGG

The Supreme Court has denied a petition by property developer Ortigas & Co. Limited Partnership to recover two properties that it claimed it was forced to sell to the Marcoses......»»

Category: newsSource:  philstarRelated NewsJan 17th, 2024

Exports expected to gradually recover this year

The Philippines is expected to see an improvement in exports this year, but the recovery would be gradual, according to think tank Oxford Economics......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

Philippines FDI net inflows grow by 89.9 pct in January

MANILA, April 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines grew year-on-year by 89.9 percent in January to 907 million U.S. dollars, the country's central bank said Wednesday. "The increase in FDI was supported mainly by the 173.2 percent expansion in nonresidents' net investments in debt instruments to 820 million dollars from 300 million dollars in January 2023," the Bangko S.....»»

Category: newsSource:  manilanewsRelated NewsApr 13th, 2024

NFA mulls hike in selling price

The National Food Authority is considering raising its selling price of rice to as much as P36 per kilogram to recover its costs and keep profit margins after it increased its palay buying price last year......»»

Category: financeSource:  philstarRelated NewsMar 6th, 2024

Rescuers recover another body in southern Philippine landslide

MANILA, Jan. 20 (Xinhua) -- Rescuers on Saturday recovered the body of the last missing man buried in Thursday's rain-induced landslide that ripped through a mining village in Davao de Oro province in the southern Philippines, officials said. In a social media post, the municipal government of Monkayo said rescuers found the body of the 45-year-old man, the last person missing, bringing the death toll in the vil.....»»

Category: newsSource:  manilanewsRelated NewsJan 20th, 2024

Rescuers recover another body in southern Philippine landslide

MANILA, Jan. 20 (Xinhua) -- Rescuers on Saturday recovered the body of the last missing man buried in Thursday's rain-induced landslide that ripped through a mining village in Davao de Oro province in the southern Philippines, officials said. In a social media post, the municipal government of Monkayo said rescuers found the body of the 45-year-old man, the last person missing, bringing the death toll in the vil.....»»

Category: newsSource:  philippinetimesRelated NewsJan 20th, 2024

Signature campaign for Charter change: ‘Rife with anomalies’

IBON Foundation notes that the logic behind the push for economic Cha-cha is “fundamentally flawed.” “More foreign investment does not mean development,” IBON states, adding that despite the increase in annual foreign investment inflows since the 1980s, this did not translate to growth and development for the Philippine economy. The post Signature campaign for Charter change: ‘Rife with anomalies’ appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsFeb 5th, 2024

Economic Cha-cha to boost FDI – BSP

Amending the restrictive economic provisions in the 1987 Constitution will likely attract more foreign investments in the country and stimulate economic growth, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 2nd, 2024

Stocks bounce back as market cheers higher FDI inflow

The stock market bounced back yesterday as investors cheered the country’s November net inflow of foreign direct investments......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

FDI inflow down 17.5% in 10 months

The net inflow of foreign direct investments fell by 17.5 percent from January to October 2023, reflecting the adverse impact of persistent inflationary pressures and slowing global growth prospects on investor sentiment......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Philippines posts 1.2 bln USD surplus in March

MANILA, April 19 (Xinhua) -- The Philippines' overall balance of payments (BOP) posted a surplus of 1.2 billion U.S. dollars in March 2024, slightly lower than the 1.3-billion-dollar BOP surplus recorded a year ago, the country's central bank said Friday. The Bangko Sentral ng Pilipinas (BSP) said the BOP surplus in March reflected inflows arising mainly from the national government's net foreign currency deposi.....»»

Category: newsSource:  manilanewsRelated News6 hr. 54 min. ago

Lady Bulldogs quickly move on from La Salle loss

The National University Lady Bulldogs were quick to recover after their five-game UAAP Season 86 win streak was snapped at the hands of defending champs DLSU Lady Spikers last weekend......»»

Category: sportsSource:  philstarRelated NewsMar 21st, 2024

Lady Bulldogs still recovering from preseason preps, says coach

National University Lady Bulldogs head coach Norman Miguel believes his team has yet to recover from a rigorous preseason schedule as last season’s finalists appeared shaky in their first two assignments in the UAAP Season 86 women’s volleyball tournament......»»

Category: sportsSource:  philstarRelated NewsFeb 25th, 2024

Doctor’s orders: June Mar Fajardo to sit out Gilas Pilipinas action

As much as he wants to suit up for Gilas Pilipinas, June Mar Fajardo needs to rest to recover from a calf injury he sustained in the PBA finals.....»»

Category: newsSource:  rapplerRelated NewsFeb 20th, 2024

Gilas sans JMF vs Hong Kong

Gilas will play an 11-man lineup against Hong Kong in the FIBA Asia Cup qualifying window at the Tsuen Wan Sports Centre on Thursday with June Mar Fajardo sitting out to recover from a partial tear in his left calf......»»

Category: sportsSource:  philstarRelated NewsFeb 18th, 2024