Measure amending PSA to boost FDI – analysts

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Sat, 29 Feb 2020 16:20:28 +0000

PROPOSED amendments to the 84-year-old Public Service Act (PSA) would boost job-generating foreign direct investments (FDI) in the country, but regulators must ensure these would be properly implemented, analysts say. This comes after some lawmakers have criticized the planned amendments, raising concerns that once passed, these would allow foreign companies to fully own certain public […]

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FDI net inflows at 2-month low

Credit to Author: Mayvelin U. Caraballo, TMT| Date: Mon, 10 Feb 2020 16:28:20 +0000

Foreign direct investment (FDI) net inflows dropped to a two-month low of $623 million in November 2019 despite rising from a year ago, central bank data showed on Monday. The amount was the lowest since September’s $566 million, but up 14.6 percent from the $543 million in November 2018. In a statement, the Bangko Sentral […]

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Net FDI inflows drop in Jan — PH central bank

Credit to Author: The Manila Times| Date: Wed, 10 Apr 2019 06:22:02 +0000

NET foreign direct investment (FDI) inflows hit a two-month low in January, also dropping from a year earlier, the Bangko Sentral ng Pilipinas (BSP) announced on Wednesday. Net inflows dropped…READ

The post Net FDI inflows drop in Jan — PH central bank appeared first on The Manila Times Online.

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PH foreign direct investment net inflows hit 7-month high in May

FOREIGN direct investment (FDI) net inflows in May hit a seven-month high of $1.645 billion, an increase of 142.9 percent or more than double the level posted a year earlier, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. About 80 percent of the net inflows were in the form of intercompany borrowings, or non-residents’ investments […]

The post PH foreign direct investment net inflows hit 7-month high in May appeared first on The Manila Times Online.

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