Tag: foreign direct investment

Foreign Direct Investment in the Philippines – January through May 2021 report

August 12, 2021 Ramon Ortoll 1 Comment

What is Foreign Direct Investment? Foreign Direct Investment (FDI) as defined by the Organization for Economic Cooperation and Development (OECD) is “a category of cross-border investment in which an investor resident in one economy establishes a lasting interest in and a significant degree of influence over an enterprise resident in another economy. Ownership of 10…

Business, Economy, Money Talks

Loser mentality: Filipinos’ lazy development strategy of attracting foreign investment

May 28, 2013May 28, 2013 benign0 33 Comments

The title of today’s Inquirer.net editorial Excess money says it all. There is enough money swirling around in the domestic economy to fund significant capital expansion. Big Philippine banks manage a big chunk of these funds. Trouble is, as the Inquirer editor observes, “banks choose to park these funds at the Bangko Sentral ng Pilipinas…

Development, Economy, Lifestyle

President Noynoy Aquino may have a good reason for giving a no-go to charter change!

May 22, 2013 benign0 45 Comments

In a pre-emptive strike on the whole discussion around ‘charter change’ that is likely to come up after the opening of the 16th Congress in July, President Benigno Simeon “BS” Aquino III issued his two cents on the matter of foreign ownership of land in the Philippines. â€œI donâ€™t think they are necessary detriment to…

Charter Change, Development, Economy

Noynoy Aquino government hires Fitch Ratings to give Philippine economy a thumbs up

April 3, 2013October 20, 2013 Ilda 49 Comments

Incumbent Philippine President Benigno Simeon “BS” Aquino is beaming with pride now that the country has scored an “investment-grade” credit rating from Global rating agency, Fitch Ratings under his watch. You might be asking yourself, “What the heck does it all mean?” Well, it means a lot of things that some folks will never understand….

Development, Economy