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CEBU CITY, Philippines – During the first six months of 2022, Central Visayas received close to P5 billion in foreign direct investments (FDI), latest government statistics showed. The Philippine Statistics Authority (PSA) recorded that foreign investments…
I had known for years how we’ve lagged behind our comparable Asean neighbors in export earnings and foreign direct investments, but didn’t realize how bad it has become until I examined the latest data. Consider these numbers…
Inflation may be near its highest in a decade and economic growth might be slowing, but foreign direct investments continue to flow into the country at a rapid clip, the latest data from the Bangko Sentral ng…
Fujitsu, latest foreign firm to open satellite office here Despite lower year-to-date inflows of foreign direct investment (FDI) to the Philippines, local business stakeholders believe that Cebu is resilient to this development and still remains a favorable…
The government is looking at raising the maximum stake of foreign investors in a dozen sectors and business activities to shore up foreign direct investment (FDI) amid a year-to-date drop, the country’s chief economist said Wednesday. Socioeconomic…
The Philippines would need to improve infrastructure, facilitate ease of doing business, streamline government services, and cut red tape to attract more foreign investors into the country. Ellorence Cruz, Bureau of Investments (BOI) Cebu office chief, cited…
MANILA — Net inflows of job-generating foreign direct investments (FDI) jumped to the highest-ever monthly figure of $2.2 billion in April as the Philippines’ economic star shone in the region and attracted greater investor interest, the Bangko…
THE Aquino administration’s report on a lower 5.2 percent Gross Domestic Product (GDP) growth for the first quarter of this year is caused by several factors like the economic slowdown in China. “China is one of our…
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