DTI.GOV.PH PRESIDENTIAL aspirant and Senator Panfilo M. Lacson, Sr. assured micro and small businesses on Tuesday that the new law contains provisions that ease restrictions on foreign investment to protect their sector. “We have opened up the possibility for foreigners to invest here, but there are guarantees. As long as the starting capital is $200,000 […]
The Partido Reporma standard bearer, Senator Panfilo Lacson, on Tuesday (8 March) expressed hope that players in the micro, small and medium-sized enterprises (MSME) sector could find potential business partners among external investors following the recent ratification of the amended Foreign Investment Act (FIA). With safeguards attached to changed rules on the entry of foreign […]
One of the most common inquiries we receive from foreign investors is about setting up subsidiaries in the Philippines and their concerns about minimum capital requirements related to the nature of their business or industry. Foreign ownership restrictions in certain industries certainly affect the flow of foreign investment into the country, with the Philippines notably […]
MANILA, Philippines — The approval of amendments to the Foreign Investment Act (FIA) is expected to boost the country’s economic recovery efforts, according to the Department of Trade and Industry (DTI) and business groups. The Commerce Department said the amended FIA provides less stringent requirements for potential foreign investors, positioning the Philippines as an attractive […]
Minot, ND — Officials overseeing North Dakota investments are moving quickly to divest from investments in Russia in the wake of the horrific invasion of Ukraine. Already about 37% of the investments supervised by the State Investment Board have been withdrawn. It will take some time to pull out the rest — investments are complicated […]
MINOT, ND — Officials overseeing North Dakota investments are moving quickly to divest from investments in Russia in the wake of the horrific invasion of Ukraine. Already about 37% of the investments supervised by the State Investment Board have been withdrawn. It will take some time to pull out the rest — investments are complicated […]
Metro Manila (CNN Philippines, March 4) — President Rodrigo Duterte signed into law a measure amending the Foreign Investment Law, further opening the economy to foreign investors. Republic Act 11647, signed March 2, aims to ease restrictions on foreign capital in certain sectors. A copy of the new law was published Friday by Malacañang. Foreigners […]
The new measure aims to make the Philippines more attractive to foreign investors to boost the economy and create more jobs MANILA, Philippines — President Rodrigo Duterte has signed into law a measure that removes several restrictions on foreign investment, one of several economic measures he called urgent for Congress to pass in a bid […]
MANILA – President Rodrigo Duterte has signed the law to promote “productive investments” from foreigners and other countries that would help boost the country’s economic growth, according to documents released Friday. Republic Act No. 11647, which amends RA 7042 or the Foreign Investment Act of 1991, improves technology transfer, increases foreign exchange from exports, and […]
Russia is temporarily suspending the exit of foreign investment from the country, Prime Minister Mikhail Mishustin announced on Tuesday. The move comes in response to the freezing of Russian capital abroad by the US, EU and their allies, RT reported. “We hope that those who have invested in our […]
Witnessing a massive exodus of businesses following its invasion of Ukraine, Russia on Tuesday (March 1st) prevented foreign investment from leaving the country. Announcing the decision, Russian Prime Minister Mikhail Mishustin asked entrepreneurs not to come under “political pressure” when making decisions. Russia has witnessed a setback in three decades of investment by the West […]
MANILA – The administration’s “Build, Build, Build” infrastructure program should continue to attract foreign investment to Clark to create a new metropolis outside of Metro Manila. At Clark’s business conference on Tuesday, the vice president of Clark Development Corp.’s business development and improvement group. (CDC), Rhyna Ventura, said CDC attracted PHP 3.68 billion in foreign […]
Business experts revealed yesterday that the country is missing out on many opportunities to attract foreign direct investment (FDI) due to escalating insecurity across the country. Experts who spoke in Abuja at a capacity building workshop for National Bureau of Statistics (NBS) staff, titled “Data Management Strategies to Improve National Planning and Development”, urged the […]
Foreign investors flocked to the United States in 2021 as COVID-19 travel restrictions eased, leading to a boom in commercial real estate. Investments by foreign nationals in the sector have surpassed pre-pandemic levels, according to a report by Real Capital Analytics. Foreign investors bought $70.8 billion worth of U.S. commercial real estate in 2021. That’s […]
Louise Maureen Simeon – The Filipina Star February 16, 2022 | 00:00 MANILA, Philippines — Foreign investment rebounded last year as the economy was more open, but overall resources flowing into the country remain on the decline, the Philippine Statistics Authority said. PSA data showed that foreign companies have slowly returned much-needed capital for economic […]
Real Capital Analytics: Foreign investors have turned away from big cities a bit, but the $70.8 billion invested in 2021 is the highest total since 2018’s $94.6 billion. NEW YORK — As COVID-19 travel restrictions began to be lifted last year, foreign investors flocked to U.S. commercial real estate. Foreign investment surpassed pre-pandemic levels in […]
Foreign investment approvals surged last year amid improving economic conditions despite the prolonged pandemic, data from the Philippine Statistics Authority (PSA) showed. According to the PSA report on Tuesday, February 15, total foreign investment reached 192.34 billion pesos from January to December last year, up 71% from 112.12 billion pesos for the year. former. Singapore’s […]
DESPITE the Covid-19 pandemic, the country’s foreign investment pledges jumped 71.5% year-on-year to reach 192.34 billion pesos in 2021, according to data from the Philippine Statistics Authority (PSA). . Based on the latest PSA report, approved foreign investments increased from 112.12 billion pesos recorded in 2020. The country’s foreign investment pledges fell […]
Metro Manila (CNN Philippines, February 15) — Foreign investment pledges rose 71.5% in 2021 after a strong performance in the last three months of the year, according to the latest figures from the Philippine Statistics Authority. The PSA reported that ₱133.47 billion in foreign investment (FI) was approved from October to December, more than triple […]
As COVID-19 travel restrictions began to be lifted last year, foreign investors flocked to U.S. commercial real estate. Foreign investment surpassed pre-pandemic levels in 2021, according to a new report from Real Capital Analytics. Foreign investors bought $70.8 billion worth of U.S. commercial real estate in 2021. That’s the highest total since 2018’s $94.6 billion. […]
The Kano State government has decided to explore opportunities in the insurance sector to attract foreign investment to the state. The state government is optimistic that a well-established insurance culture in Kano State will ensure investors have security in their investments. Kano State Government Secretary, Usman Alhaji, representing the State Governor, Dr. Abudullahi Umar Ganduje […]
To print this article, all you need to do is be registered or log in to Mondaq.com. As of January 1, 2022, and with the addition of sectors in which foreign investment is subject to prior authorization by the Minister responsible for the economy, France has taken a new step in the pursuit of the […]
PHILSTAR PRESIDENTIAL candidate and mayor of Manila, Francisco “Isko” M. Domagoso, has pledged his full support for the creation of a department of fisheries separate from the department of agriculture if he wins the May elections. Mr. Domagoso, the standard bearer of Aksyon Demokratiko, said in a statement on Monday that he would certify as […]
Lawmakers seeking to limit foreign ownership of Oklahoma farmland could face a complicated battle this session, as lawmakers’ sense of patriotism could present a challenge to key aspects of the state’s economy. (Photo by Federico Respini via Unsplash) OKLAHOMA CITY — Lawmakers seeking to limit foreign ownership of Oklahoma’s farmland could face a complicated battle […]
ECONOMYNEXT – The overly critical have no vision for the future and, despite some “not long-term” crises, the government has no desire to abandon its plans for the country for the benefit of a few who do not want change, Sri Lankan President Gotabaya Rajapaksa said, asking the public to beware of false propaganda. Speaker […]
(AFP) MANILA, Philippines — Infrawatch PH, a non-governmental policy think tank, said amendments to the Public Service Act (PSA) would not be enough to attract foreign investment as governance problems persist. “Foreign investment in the country will only come if the governance issues in the country are resolved, as this remains the main binding constraint […]
As of December ’21. Over the past five years, headline inflation in Nigeria has remained in double digits. According to data from the National Bureau of Statistics (SNB), headline inflation stood at 15.63% year-on-year at end-December’21. This is a decline of 13 basis points from the 15.75% year-on-year recorded at the end of 2020. The […]
MUMBAI: The Association of Mutual Funds in India (Amfi) on Sunday called on all fund companies to halt further overseas investment, effective February 2. The move came after Indian fund companies together reached Sebi’s $7 billion aggregate limit for such investments. . Some of the fund houses have already restricted inflows into schemes that invest […]
By PTI NEW DELHI: Foreign direct investment in India’s pharmaceutical sector saw a ‘sudden surge’ in 2020-21, mostly driven by investments to meet COVID-19-related therapeutics and vaccine demands, Study finds economic. During April-September 2021, FDI inflows continued to be buoyant at Rs 4,413 crore, increasing at the rate of 53% from the same period in […]
To print this article, all you need to do is be registered or log in to Mondaq.com. The principle in French law is that financial relations between France and foreign countries are free. However, some investors making certain types of investments in so-called “sensitive“Sectors of activity must follow a prior authorization procedure with the French […]
A general view of downtown Kuala Lumpur on November 29, 2021. — Photo by Yusof Mat Isa KUALA LUMPUR, 28 January – Being named Southeast Asia’s most attractive country for foreign investment in 2022 is yet another testament to the government’s commitment to elevating Malaysia’s position as a preferred investment destination, said Minister of International […]
Kunle Faleti is a housing finance professional. In this interview with DAYO AYEYEMI, the real estate expert gave some suggestions on what the government should do to improve the real estate sector in 2022. How can the Nigerian government improve home ownership for Nigerians in 2022? The government should continue its efforts to create an […]
Sri Lanka has had perhaps the most demanding and exhausting two years since independence. National income from both external and internal sources has suffered on an unprecedented scale, placing the country in an extremely delicate position. Not only has the impact of the horrific pandemic created many hardships for citizens, but it has also given […]
“No place like home” has become “anywhere but here” for Canadian investment portfolios. Canadians pumped $17.5 billion into foreign securities last November, up from $5.4 billion in October, according to Statistics Canada, dramatically accelerating a trend that has seen investment dollars flow out of the country since then. the start of the pandemic. The bulk […]
Union Minister Nitin Gadkari highlighted the need to attract more foreign investment into the MSME sector as these entities offer excellent viability and income to investors. Speaking at a virtual international conference organized by the umbrella body of chartered accountants ICAI, the Minister also urged chartered accountants to suggest ways and innovative approaches to attract […]
NEW DELHI: Union Minister Nitin Gadkari on Thursday highlighted the need to attract more foreign investment into the MSME sector as these entities offer excellent viability and income to investors. Speaking at a virtual international conference organized by the umbrella body of chartered accountants ICAI, the minister also urged chartered accountants to suggest ways and […]
Union Minister Nitin Gadkari on Thursday highlighted the need to attract more foreign investment in the MSME sector as these entities offer excellent viability and income to investors. Speaking at a virtual international conference organized by the umbrella body of chartered accountants ICAI, the Minister also urged chartered accountants to suggest ways and an innovative […]
New Delhi, Jan 20 (PTI) Union Minister Nitin Gadkari on Thursday highlighted the need to attract more foreign investment into the MSME sector as these entities offer excellent viability and income for investors. Speaking at a virtual international conference organized by the umbrella body of chartered accountants ICAI, the minister also urged chartered accountants to […]
KUWAIT CITY: According to a report released by the International Monetary Fund (IMF), total foreign direct investment in Kuwait stood at $ 14.565 billion at the end of last year, and foreign direct investment from Kuwait amounted to approximately $ 32.741 billion. This means that foreign direct investment is more than double the foreign direct […]
WhatsApp Facebook Twitter E-mail Messenger KUWAIT CITY, January 8: According to a report released by the International Monetary Fund (IMF), total foreign direct investment in Kuwait amounted to $ 14.565 billion at the end of last year, and direct investment in the foreigners from Kuwait amounted to approximately $ 32.741 billion. This means that foreign […]
The Egyptian government seeks to provide a stimulating and attractive environment for local and foreign investment to deepen its partnership with the private sector, especially with the development movement that Egypt is witnessing, according to Finance Minister Mohamed Maait. Maait’s remarks came on Monday during a meeting with Osama bin Ahmed Al-Naqli, the Saudi ambassador […]
Through Jenina P. Ibanez, Senior Reporter THE BANGKO SENTRAL ng Pilipinas (BSP) wants foreign investors to invest in financial services in the Philippines by bringing in new technologies and technical expertise. “As we build our digital finance ecosystem, we encourage foreign investors who can bring cutting-edge technologies and technical expertise to tap into the untapped […]
For years India has received the majority of its foreign investment from tax havens such as Mauritius, Singapore, Dubai, Cyprus and the Cayman Islands. These jurisdictions provide an excellent regulatory, tax and legal framework and protection for investors and fund managers to set up and operate private equity / venture capital funds (“offshore fundsâ€). The […]
Mohamed Farid, President of the Egyptian Exchange (EGX), spoke about the role of the stock market in supporting the economic and social development plans adopted by the Egyptian government to improve the quality of life of Egyptians. In a meeting with 35 diplomats, Farid explained how the Egyptian stock market can attract foreign investment. This […]
Wednesday, December 22, 2021 As the US economy continues to grow, foreign investors are finding it increasingly difficult to invest in companies in the United States. Several US consulates have restricted or suspended the processing of e-visa applications altogether, contributing to a significant drop in foreign investment in US companies. What is an E visa? […]
The government has taken various measures to boost domestic and foreign investment in India. These include reducing corporate tax rates, alleviating the liquidity problems of NBFCs and banks, improving the ease of doing business, FDI policy reforms. , reduction of the compliance burden, policy measures to boost domestic manufacturing through government orders, phased manufacturing program […]
Foreign direct investment (FDI) flows have been hit hard during the Covid-19 pandemic. Government-imposed travel bans and quarantines for foreign travelers likely contributed to this, so it is crucial that the government adopt economic measures to promote FDI. At the beginning of this year, we saw the adoption of the Law on Business Recovery and […]
The report attributes this to Egypt’s record of economic and structural reforms, IMF support programs, high real interest rates and a stable exchange rate. On the other hand, inflation, global financial market conditions and the country’s dependence on external financing (loans) are eroding its attractiveness to foreign investors, although Egypt has the highest real interest […]
The bill aims to ensure the transparency of foreign investment, Estonia’s strategic sectors and business areas will not become dependent on foreign investors and the continuity of services will not be compromised, spokespersons from the ministry. Minister of Entrepreneurship and Information Technology Andres Sutt (Reform) said that under the conditions of the Covid pandemic, global […]
CLICK TO ENLARGE PETALING JAYA: Foreign direct investment (FDI) in Malaysia is expected to increase by next year, with investment in technology and green technologies being the potential new growth areas for foreign inflows. The spread of the Omicron variant, meanwhile, shouldn’t dampen IDE inflows. The Research Director of the Malaysian Institute of Economic Research […]
ECONOMYNEXT – Sri Lanka is not getting foreign investment as quickly as expected, with investors becoming picky and political controversy over the sale of domestic assets, Finance Minister Basil Rajapaksa has said. “We pin great hopes on foreign investment,” Finance Minister Basil Rajapaksa told parliament. “But I also said in my budget that it’s political, […]
Posted December 13, 2021 Every country, developing or developed, wishes to have foreign investment, not because of its “foreigner” but, firstly, because of certain advantages attached to it and, secondly, no country can produce all that its citizens need or want to have. Even having foreign human beings in your country gives some recognition of […]
UNSPLASH Foreign investment pledges fell again in the third quarter after recovering in the previous three months, according to data from the Philippine Statistics Authority (PSA) released on Tuesday. Approved foreign investments fell 45.8 percent year-on-year to 16.82 billion pesos in the July-September period, compared to 31.03 billion pesos recorded a year ago. The decline […]
PHILSTAR BOTH Houses of Congress have ratified the report of the bicameral conference committee harmonizing a measure amending the Foreign Investment Act of 1991, which would open up more industries to foreign direct investment. Senator Maria Imelda Josefa R. Marcos, the bill’s principal sponsor and chair of the Senate Economic Affairs Committee, said the bicameral […]
Metro Manila (CNN Philippines, December 8) — Foreign investment pledges fell by 45.8% during the third quarter of 2021, according to the latest figures from the Philippine Statistics Authority (PSA). The PSA brought in £16.82bn in approved foreign investment (FI) from July to September, down from £31.03bn in the same period last year. Investment pledges […]
Metro Manila (CNN Philippines, December 8) – Foreign investment pledges fell 45.8% in the third quarter of 2021, according to the latest figures from the Philippines Statistics Authority (PSA). The PSA declared 16.82 billion yen of approved foreign investment (FI) from July to September, compared to 31.03 billion yen in the same period last year. […]
The Senate ratified the report of the bicameral conference committee on the bill to promote foreign investment in the Philippines. Senator Imee Marcos, who chairs the Senate Economic Affairs Committee, which presented the bicam report on the reconciled version of Bill 1156 and Bill 300, said the bicameral panel agreed to use the Senate version […]
In terms of incentives, Pakistan offers no income tax on exports of IT and IT services until June 2025 Posted: Mon 6 Dec 2021, 19:35 Pakistan Board of Investment Federal Secretary Fareena Mazhar said on Monday the government was determined to encourage and protect foreign investment in the country. She was speaking at a seminar […]
the EU regulation on the screening of foreign direct investments has been in effect since October 11, 2020. It has created a uniform framework across Europe for the screening of foreign direct investment (FDI) in European companies in critical infrastructure, defense and other key sectors. According to the European Commission, this procedure is intended to […]
Saudi Arabia’s $ 100 billion plan to become the largest shale gas producer outside the United States LONDON: Saudi Aramco’s award of $ 10 billion in contracts on its giant Jafurah project has finally kicked off to develop what is believed to be the world’s largest shale gas field outside the United States.After battling with […]
Saudi Arabia – Over SR8 billion ($2.13 billion) of foreign investment has flowed into the Saudi IT market, Deputy Minister Munir El-Desouki has revealed. Speaking in a virtual Fintech tour, El-Desouki argued that the telecommunications sector in the Kingdom is also becoming attractive to outside investors. “Thanks to the unlimited support it has received from […]
Bangladesh’s banking sector, capital market and legal framework are well prepared to foster foreign investment, with the government working swiftly on remaining tasks, speakers said at different sessions on the second day of the International Investment Summit. 2021, Monday. In a session titled “Financial Services: Ensuring Sustained Growth,†central bank officials and banking professionals said […]
By Modupe Gbadeyanka The 2022 finance bill submitted to the National Assembly by President Muhammadu Buhari was adopted by the Senate on Wednesday. The passage follows consideration of a report of the Appropriations Committee by its chairman, Mr Barau Jibrin, who said the income projections for the 2022 budget were based on the medium-term expenditure […]
To print this article, simply register or connect to Mondaq.com. On Friday, October 15, 2021, the Ministry of Finance of Cyprus announced its new action plan to attract foreign investment and strengthen business activity in Cyprus, encompassing various policies that will come into effect in the first quarter of 2022. The new policies that will […]
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The arrival of Samsung Electronics Co.’s massive new chip factory did not come cheap for the Taylor community in central Texas. The question now is whether the investment will pay off. The state and local authorities have offered a series of incentives to attract the plant to the city, located in the northeastern suburb of […]
Why isn’t the world’s fastest growing energy consumer attracting investment in oil and gas? It’s a question worth thinking about after private sector conglomerate Reliance Industries Ltd (RIL) failed to secure a $ 15 billion downstream asset deal with Saudi Arabia’s national oil company, Aramco. It’s understandable that multibillion-dollar investments in oil and gas projects […]
Photo from Senator Manny Pacquiao’s Twitter page MANILA — Presidential candidate Senator Manny Pacquaio said Thursday he would use his celebrity status to attract foreign investment to the country and provide jobs for the poor. Pacquiao said he has at least 10 international billionaire friends who are committed to investing their money in the Philippines. […]
Senator Manny Pacquiao says he has “at least 10 international billionaire friends” who wish to invest in the country Boxing champion-turned-politician Senator Manny Pacquiao said he would use his global fame to attract foreign direct investment to the Philippines, if elected president. On Thursday, Nov. 18, Pacquiao said he had “at least 10 international billionaire […]
To print this article, simply register or connect to Mondaq.com. Sweden is one of the few countries in the EU that does not have regulations allowing the state to take action against, influence or simply review foreign direct investment which has or may have an impact. implication for Swedish security interests. On November 1, 2021, […]
Lawrence Agcaoili – The Filipino Star November 11, 2021 | 00:00 MANILA, Philippines — Net foreign direct investment (FDI) inflow jumped 40% to $6.37 billion in the first eight months from $4.56 billion in the same period last year last, multinationals continuing to inject more money into their subsidiaries in the Philippines. amid the gradual […]
Foreign investment in emerging markets Forecast 2021-2027 [UPDATED REPORT]: Summary of the report Reports and Markets included the latest global market research report Foreign investments in emerging markets, The report has been provided by researchers for a detailed understanding of how the market works over a defined estimation period of 2021 to 2027. However, this […]
Cyprus: New measures to attract foreign investment to Cyprus 08 November 2021 AGP Law Firm | AG Paphitis & Co. LLC To print this article, simply register or connect to Mondaq.com. From January 1, 2022, this new action plan, which facilitates the sectors mentioned below, will come into force. The new measures aim to attract […]
Recently, the German Federal Government adopted a new amendment to the BSI Critical Infrastructure Ordinance (BSI-KritisV). More companies in the IT / telecommunications sector – but also in other sensitive sectors – will be qualified as “critical infrastructure†operators. For example, it is estimated that more than 7 data centers will be affected by these […]
KUALA LUMPUR: The government will provide a special fund of up to Ringgit 2 billion under the 2022 budget to attract strategic foreign investment from multinational corporations (MNCs). Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz said this is particularly aimed at multinationals who can complement the industry value chain and generate knowledge-based job creation […]
To print this article, simply register or connect to Mondaq.com. Friday 15e from October 2021, the Cypriot government announced its new action plan to attract foreign companies to establish or expand their activities in Cyprus. The announcement came a year after the abolition of the previous investment program. The announced new strategy aims to turn […]
Contents Premium solution for large investments Which projects can benefit from state support? What state support will be available? What are the practical challenges for foreign investors? Investors looking for long-term opportunities in emerging markets always value the political, economic stability and transparency of government institutions. These factors determine the viability of the project: whether […]
On October 1, 2021, resolution n ° 906/21 issued by the National Securities Commission (Comisión Nacional de Valores or CNV for its Spanish acronym) was published in the Official Journal, calling for a public consultation on the promulgation of a dual listing regime (the Scheme) intended to promote foreign direct investment, increase exports and develop […]
Before the pandemic, foreign investment in Latvia was stable, at around 2-3% of Latvia’s gross domestic product. In 2020, foreign investment increased slightly, said Guntis Kalniņš, economist at Bank of Latvia. “In the first half of this year, the flow of foreign investment even doubled, which may seem contradictory to intuition. We see foreign funds […]
The Director General of the World Trade Organization (WTO) and former Minister of Finance, Dr Ngozi Okonjo-Iweala, recently expressed his concern over the drastic drop in foreign investment in Nigeria. She said the cost of doing business in the country remains “too high” to attract foreign and domestic investment into the economy. His concern expressed […]
Bitcoin hit a new high on Wednesday after taking another step towards mainstream status as the world’s largest cryptocurrency made a foray on Wall Street. A Bitcoin exchange-traded futures fund (ETF), a type of financial instrument, debuted on the New York Stock Exchange on Tuesday. The Bitcoin Strategy ETF rose almost 5% on its first […]