By Amy R. Remo
Five European firms are expected to set up manufacturing facilities in the Philippines mainly for the production of industrial and construction materials following the government’s aggressive trade and investment promotion activities abroad.
By Riza T. Olchondra
A group of venture capitalists led by US-based business accelerator 500 Startups is raising $100 million to be invested in startups around the world, the Philippines included.
By Paolo G. Montecillo
Filipinos’ investments in stocks and bonds issued by foreigners declined at the end of last year, reflecting the drop in asset values as a result of the financial markets’ so-called “taper tantrum.”
By Henry Ong
Q: I have just started investing in stocks because my friend encouraged me to buy a hot IPO whose share price went triple in few weeks. I like the idea of making money from stocks but I am also afraid I may lose a lot when the market turns bad. What are the common mistakes in investing that I should avoid?–Genesis Santelices by e-mail
The Central bank has revised its external payments forecasts for the year to show a sharp reduction in investments expected to enter the country, reflecting tumultuous financial market conditions that would keep foreign money stuck in safer havens.