The Philippines saw a significant decline in foreign investments in the first quarter of the year, with approved investments falling 63.6 percent to P148.43 billion.
CFIUS has a say in foreign transactions when national security is a concern, including venture capital and real estate deals.
President Marcos has expressed confidence that the Philippines will do better in luring investments once the Luzon Economic Corridor discussed during his recent visit to Washington is completed.
France has secured €15bn in foreign investment from the likes of Microsoft and Amazon as part of this year’s Choose France summit, an annual event that aims to promote the country’s economic and business attractiveness. The €15bn mark represents a record amount since the summit’s first edition in 2018, with commitments coming from 56 different initiatives. “This is the fruit of the reforms carried out since 2017,” such as changes in taxation and investments in innovation, President...
Report finds money sent home by people who have migrated was $831bn in 2022, 650% up on 2000Remittances sent home by people who have migrated abroad have outstripped foreign direct investment in developing nations for the first time, a new report has found.The International Organization for Migration found that international transfers increased 650% from $128bn (£102bn) to $831bn (£662bn) between 2000 and 2022. Continue reading
France has received combined investment commitments from foreign companies of more than 15 billion euros ($16.2 billion), President Emmanual Macron's office said Monday.The announcement came as Macron kicked off a day of meetings with foreign business leaders at the Chateau de Versailles, called "Choose France".The biggest single commitment is by Microsoft which on Sunday announced four billion euros in investment for developing data centres.Microsoft's president Brad Smith told AFP the move to...
Foreign direct investment (FDI) into Europe declined in 2023, falling by 4% compared with 2022, and has dropped to 11% lower than in 2019, just before the COVID-19 pandemic hit, according to the annual EY European Attractiveness Survey 2024 – the most in-depth and long-running annual analysis of FDI into the continent. France, the UK […]
Risk consultancy firm, SBM Intelligence, has said that allegations of bribery request levelled against Nigerian government officials by the CEO of Binance, Richard Teng, could hinder the country’s foreign investment drives. In its analyses of recent events in the country and possible impacts on the economy, SBM Intelligence said that the circumstances that led to […]
A survey released by Pulse Asia on March 27 showed that 88% of Filipinos opposed moves to amend the Constitution.
CBI programs have much to offer astute investors, including access to markets with strong fundamentals and potential for capital protection, income and appreciation.
Upstream investment in Africa has been slower to recover from the pandemic compared to more agile regions with lower costs. Moving forward, we expect investments of around US$40 billion annually, or 8% of global capex, to be the new normal.
During previous cycles, the anticipation of institutional involvement in crypto was a driving force for demand. “The institutions are coming" was a common claim on Crypto Twitter, often repeated after rumours of a large financial firm entering the market echoed through Telegram chats and Discord servers.