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FDI net inflows soar to 6-month high in October - BusinessWorld OnlineFOREIGN DIRECT INVESTMENT (FDI) inflows rose to a six-month high in October, the Bangko Sentral ng Pilipinas (BSP) said on Wednesday. READ:
Source: bworldph - 🏆 9. / 68 Read more »
US chamber pushes for repeal of agri foreign investment cap - BusinessWorld OnlineTHE American Chamber of Commerce of the Philippines (AmCham) has called on the government to remove foreign investment restrictions in the rice and corn industry if it wants to boost farm productivity. AmCham issued the statement after President Ferdinand R. Marcos, Jr. extended tariff reductions on pork, rice, corn, and coal until the end of […]
Source: bworldph - 🏆 9. / 68 Read more »
PHL FDIs shrink to $7.6B in January-October 2022—BSP data | Cai U. OrdinarioTHE country’s foreign direct investments (FDIs) contracted 8.3 percent in the January-October 2022 period, according to data released by the Bangko Sentral ng Pilipinas (BSP). Data showed net foreign direct investment declined to $7.6 billion in the January to October 2022 period from $8.3 billion in January to October 2021.…
Source: BusinessMirror - 🏆 19. / 59 Read more »
Peso climbs further vs dollar as Powell avoids policy outlook talk - BusinessWorld OnlineTHE PESO rose further against the dollar on Wednesday to post a fresh six-month high after US Federal Reserve Chair Jerome H. Powell avoided commenting on his monetary policy outlook in scheduled remarks on Tuesday and following strong data on foreign direct investments (FDI) in the Philippines. The local currency closed at P54.80 versus the […]
Source: bworldph - 🏆 9. / 68 Read more »
Inbound long-term capital rose in Oct despite global woesThe amount of Philippines-bound FDI that exceed outbound flows increased by 6.3 percent to $923 million in October 2022 from $868 million in the same month of 2021 despite expectations of a global economic slowdown in 2023.
Source: inquirerdotnet - 🏆 3. / 86 Read more »
UK becoming less attractive for investment, manufacturers warnBritain has become less competitive and less attractive to foreign investors as a result of soaring energy costs and recent political turmoil, manufacturers said in an industry survey released on Monday. | Reuters
Source: inquirerdotnet - 🏆 3. / 86 Read more »