Manila City— President Rodrigo Roa Duterte has signed into law Republic Act No. (RA) 11647, amending the Foreign Investments Act to improve foreign investments in the country. The amended Foreign Investment Law is positioned to attract more foreign investments amid the COVID-19 pandemic as it provides less stringent requirements for potential foreign investors to enter continue reading : Amended Foreign Investment Law to help accelerate recovery
The Department of Trade and Industry – the Board of Investments (DTI-BOI) is encouraging Japanese pharmaceutical firms to invest in the Philippines.
The Philippines and Hungary renewed their commitment to intensify two-way trade and investment relations in the 1st Hungary-Philippines Online Business Matchmaking Event on 18-20 May 2021
Overseas Filipinos (OFs) seeking to invest and do business in the Philippines received expert guidance on navigating taxation laws during a special Trabaho, Negosyo, Kabuhayan (TNK) webinar organized by the Philippine Trade and Investment Center in Sydney in partnership with the Philippine Embassy in Wellington last 12 May.
Top-ranking Taiwanese executives with extensive business and manufacturing operations in the Philippines expressed their strong confidence in continuing to choose and “Make It Happen” in the Philippines to further grow their businesses during the recently-concluded (15 April 2021) Philippine Investment Forum in Taipei. Co-organized by the Philippine Trade & Investment Center (PTIC) in Taipei and continue reading : Taiwanese businessmen see rosy investments prospects in the PH, confident in “Making It Happen” in the Philippines to further grow their businesses
26 February 2021 via Zoom Ladies and gentlemen, good afternoon! We would like to offer our warm greetings to the guests and participants of today’s webinar. We hope that everyone is keeping safe against the COVID-19 pandemic. We would also like to thank the organizers, the Federation of Indian Chambers of Commerce (FICCI) and the continue reading : Message of Secretary Ramon Lopez, Joint Webinar of Federation of Indian Chambers of Commerce (FICCI) and the India Business Forum (IBF) for Domestic and Foreign Investors
Foreign businesses continue to show strong confidence in the country’s continued growth, directing large sums of capital into the country as evident in the 156.7% increase in investment approvals with the Philippine Board of Investments (BOI) in the first 10 months of the year. The country’s primary industry development and lead investment promotion agency reported continue reading : BOI foreign investment approvals soar 156% in first 10 mos, boosting overall figures to reach P516B
By pushing to deepen economic partnerships with non-traditional trading partners like Israel, the Philippine (PH) government identified several business complementarities that resulted in investment pledges, business collaborations, and intentions during presidential visit last 2-5 September 2018. This strategy to continuously open investments and employment opportunities from non-traditional trading partners has resulted in securing USD 82.9 continue reading : PH strengthens economic relationship with Israel; secures USD 82.9 M-worth of investments
The growth in FDIs contributed to the overall increase in BOI registrations as investment projects approved the agency was up by 18.92 percent from January to May 2018 to P207.480 B from only P174.472 B recorded in the same period last year. Actual FDIs compiled by Bangko Sentral ng Pilipinas (BSP) show USD2.2 B in continue reading : Foreign investors remain bullish in PH investment prospects, FDIs registered with BOI up 29 percent in Jan to May 2018