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PH seen to sustain rise in FDIs

The Philippines is expected to attract more foreign investors, particularly those who are willing to stay for the long haul, as the local economy continues to grow despite challenges abroad.

Posted: April 17th, 2014 in Headlines | Read More »

PH tallies $1B in foreign investments

Long-Term investments in the Philippines by foreigners rose to over $1 billion in January, indicating sustained confidence in the country’s economic prospects.

Posted: April 11th, 2014 in Headlines | Read More »

DOF out to remove cap on foreign investments


Finance Secretary Cesar Purisima is seeking to reduce the level of restrictions to foreign investments saying that the liberalization tack will result in additional economic activities in the country and help it attain inclusive growth.

Posted: March 14th, 2014 in Headlines | Read More »

German firms press lifting of truck ban

GPCCI general manager Nadine Fund: Reconsider truck ban PHOTO FROM GPCCI.ORG/

German firms operating in the country have joined repeated calls for Manila Mayor Joseph Estrada to lift the truck ban in key routes in Manila, stressing that this “regretful” policy will only cripple the country’s booming economy.

Posted: March 13th, 2014 in Editor's Pick,Headlines | Read More »

BSP to raise target for FDI in 2014


More long-term investments are expected to flow into the Philippines this year after 2013’s record-setting pace.

Posted: March 12th, 2014 in Headlines | Read More »

Foreign investments surged 20% in 2013


Long-term foreign investments in the Philippines surged last year amid the confidence toward the booming domestic economy, allowing the country to gain some ground from its richer neighbors.

Posted: March 11th, 2014 in Editor's Pick,Headlines | Read More »

Foreign business groups seen upbeat on Region 9


Foreign investors are taking renewed interest in the Zamboanga Peninsula, where they are considering tapping business opportunities in power, oil refinery, pharmaceutical, education, knowledge process outsourcing and infrastructure.

Posted: March 7th, 2014 in Headlines | Read More »

Protection of investments


Sad, but true, the Philippines lags behind its neighbors in attracting foreign investments that stay for the long haul and create meaningful jobs for Filipinos.

Posted: February 28th, 2014 in Columnists,Inquirer Columns | Read More »

Gov’t urged to set up unit to protect investments

San Roque Power was invited by the government to invest in a hydropower plant in the late 1990s, and was provided with the incentive that all capital goods could be imported duty-and tax-free. The power firm filed for a refund in 2003 and was allowed to claim it. But in 2013, the Supreme Court overturned the decision of the CTA, explaining that San Roque Power was ineligible to claim the refunds “based on technicalities.” INQUIRER FILE PHOTO

Local and foreign business groups are pushing for the creation of an Office of Investor Protection to help safeguard long-term productive investments from “technicalities” that often delay or block the issuance of refunds and other critical incentives to the private sector.

Posted: February 20th, 2014 in Latest Business Stories | Read More »

3M to anchor Southeast Asian expansion on PH


Minnesota-based 3M Company will expand its operations in the Philippines, said to be one of its fastest-growing markets in Southeast Asia and deemed a critical component in the US firm’s expansion plans in the region.

Posted: February 13th, 2014 in Headlines | Read More »

Business groups back moves to amend economic provisions in Constitution

Speaker Feliciano Belmonte. INQUIRER FILE PHOTO

Business groups expressed their support for the proposed resolution in the House of Representatives that seeks to amend the economic provisions of the Philippine Constitution.

Posted: February 12th, 2014 in Latest Business Stories | Read More »

Changes to investment rules pushed

The country’s No. 1 tourist draw Boracay Island. Lowering the threshold of employment requirement to a more reasonable number “will allow smaller investments to come in and go into industries like tourism, which will facilitate the entry of more foreign nationals and investments,” says the Joint Foreign Chambers.  FILE PHOTO

The Joint Foreign Chambers has urged lawmakers to pass amendments to the Foreign Investments Act that will allow more foreign nationals to practice in the Philippines and make it easier for more foreign investors to set up shop in the country.

Posted: February 12th, 2014 in Editor's Pick,Headlines | Read More »



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