The net inflow of foreign direct investments (FDIs) declined for the second straight month, tumbling to an over four-year low of $368 million in September amid persistently high interest rates and heightened geopolitical tensions, according to the Bangko Sentral ng Pilipinas (BSP).
The net FDI inflow fell by 36.2 percent in September from $577 million in the same month a year ago. It marked the lowest since the $314 million in April 2020.
John Paolo Rivera, senior research fellow at the Philippine Institute for Development Studies, said elevated interest rates globally, led by the US Federal Reserve, have made investments in emerging markets like the Philippines less attractive.
"Investors often prefer safe-haven assets in advanced economies under these conditions. Heightened geopolitical tensions and economic uncertainties may have also further dampened investor confidence globally," he said.
Denne historien er fra December 11, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra December 11, 2024-utgaven av The Philippine Star.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
A 'High-Caliber' 50th MMFF Lineup,
For its Golden Edition, the Metro Manila Film Festival (MMFF) presents one of the \"best collections of films,\" but not a few have noticed the absence of the quintessential family or child-friendly entry.
A gripping tale of strange experiences caught on camera
A group of amateur celebrity ghost hunters is embarking on an adventure where the real and reel as well as the natural and supernatural worlds intersect.
MTRCB Reminds Operators: 'G' and 'PG' Content Only in PUVs
As Filipinos travel home for New Year's Eve and return to the metro afterward, the Movie and Television Review and Classification Board (MTRCB) reminds Public Utility Vehicle (PUV) operators and drivers that only \"G\" (General Patronage) and \"PG\" (Parental Guidance) rated content is allowed inside PUVs.
THE HEART OF CHRISTMAS GOES ON TOUR
As the Christmas season approached in 2022, the newly formed Alice Reyes Dance Philippines’ young up-and-coming choreographers put their imaginative minds and choreographic talents in a hubbub to create an original Christmas season offering which emerged as a Filipino version of the season’s favorite ballet, The Nutcracker, which they entitled Puso ng Pasko.
Philippine Showbiz Is Looking Bright For 2025
This is a catchy tagline that really is our hope for the industry in the new year. Along with the noticeable wins, we will also list down our wish-list of what we hope to see as we ring in 2025. Let us first start with the noticeable wins.
A 'Fabulous' Affair
The Grand Ballroom of Manila Marriott Hotel in Pasay City glittered with elegance as well-respected photographer Rupert Jacinto unveiled his \"Fabulous XII,\" a stunning threefold celebration featuring a photo exhibit, book launch, and fabulous gala night.
The Ultimate New Year's Eve Party at Solaire
Solaire Resort Entertainment City and Solaire Resort North hold the \"Ultimate Solaire New Year's Eve Party,\" on Dec. 31 at The Grand Ballroom.
DERMASIA REVOLUTIONIZES AESTHETICS
DermAsia Corporation, under the visionary leadership of CEO Nikki Tang, together with managing director Charles Mandy and Ana Amigo Antonio, hosted the exclusive ALMA-Q Day at the iconic The Peninsula Manila in Makati City.
Landbank Reaffirms Financial Stability
Government-owned Land Bank of the Philippines (Landbank) reaffirmed its financial strength and stability, emphasizing that its capital adequacy ratio (CAR) remains at a healthy level of 16.42 percent.
Cebu Pacific ends 2024 with 91 aircraft in fleet
Low-cost carrier Cebu Pacific is ending the year with a fleet of 91 aircraft, arming it up with enough capacity to serve travel demand in 2025.
