Investment

Foreign Investment Commitments in the Philippines (Q4 2022) Foreign investment (FI) commitments increased by 30.1% in the fourth quarter of 2022, reaching PHP 173.6 billion. (Php 133.5 billion in Q4 2021) The bulk of FI commitments for the fourth quarter of 2022 was from Singapore (64.2%), followed by Japan (21.5%), and the United Kingdom (5.9%). … Read more

Determinants of Investments in the Philippines DID YOU KNOW? Private investments in the Philippines are heavily influenced by three factors: Real GDP Growth Real Lending Rate Public Investments Real GDP Growth – When real GDP rises, market opportunities expand. This encourages the private sector to set up or expand production capacities to take advantage of … Read more

27th Biggest Economy in the World According to the Centre for Economics and Business Research (CEBR), the Philippines is on track to become the world’s 27th largest economy by 2037, with Gross Domestic Product (GDP) growth averaging 5% over the next 15 years. It noted that the Philippines, along with Bangladesh and Vietnam, are among … Read more

What is the Fiscal Incentives Review Board? The Fiscal Incentives Review Board (FIRB) is the government body authorized to grant tax incentives (i.e., tax discounts and exemptions) to registered business enterprises (RBEs). Its goal is to ensure that the tax incentives granted are performance-based, time-bound, targeted, and transparent. What is the Fiscal Incentives Review Board’s … Read more

Investment promotion agencies (IPAs) have identified the three main barriers to foreign investments in the Philippines. Foreign Equity Restrictions; High Costs of Doing Business; COVID-19 Pandemic. To address such restrictions on foreign equity, the government has passed into law three economic liberalization bills amending the Public Service Act (PSA), Retail Trade Liberalization Act (RTLA), and … Read more