Just a short time ago, certain sectors in the Philippines had to have a majority local owner, making it difficult for external firms to enter the market. However, recent legislation to update acts such as the Retail Trade Liberalization Act of 2000 and the Foreign Investments A...
Since the implementation of RCEP, member countries have implemented planned tariff reductions on imported RCEP goods. As of the end of April this year, Japan has implemented the fourth round of tariff reductions, the Philippines has implemented the second round, and the remaining 13 countries have ...
Commercial banks in the Philippines are allowed to engage in spot, outright forward, and swap transactions in Philippine pesos/US dollar and other third currency transactions. Interbank trading is conducted among member-banks of the BAP, and between these banks and the BSP. Member-banks of the ...
The Bangko Sentral ng Pilipinas (“BSP”), the central bank of the Philippines, reported earlier this year that inflows from foreign direct in- vestment (“FDI”) surged to an all- time high in 2014 to US$6.201 billion, up 66% annually, reflecting strong in- vestor confidence in the j...
Focuses on the foreign trade and payments in the Philippines. Surplus on merchandise trade; Estimation of the import growth; Fluctuation in electronic sales; Deterioration in the capital account; Impact of bond issues and funds from International Monetary Fund on foreign reserves....
On the overall, the BSP said transactions for the month resulted in net inflows of 340 million U.S. dollars, which may be attributed to investor optimism arising from the relieving of the international trade tensions and the expectation of boosting the rice supply in the country and thereby te...
菲律宾外国投资法案 Foreign-Investments-Act-of-1991.pdf,Republic Act No. 7042 (As amended by RA 8179) AN ACT TO PROMOTE FOREIGN INVESTMENTS, PRESCRIBE THE PROCEDURES FOR REGISTERING ENTERPRISES DOING BUSINESS IN THE PHILIPPINES, AND FOR OTHER PURPOSES Be
In the 20 years from 1970 to 1990, the manufacturing industry in Southeast Asian countries developed well, and Indonesia, Thailand, Malaysia, and the Philippines were known as the "Asian Four Little Tigers". So how did they fall? Many people think that the blow of the Asian financial crisis...
MANILA, May 6 (Xinhua) -- Foreign investors have pumped in 286.7 billion pesos (about 5.52 billion U.S. dollars) into the Philippines during the first four months of 2019, Philippine Trade Secretary and Board of Investments (BOI) Chairman Ramon Lopez said on Monday. ...
Endorsed as a start-up or start-up enablers by Department of Trade Industry, or DOST Employ at least fifty (50) direct employees with paid-in equity capital of less than the equivalent of US$100,000 Source:Official Gazette of the Philippines ...