Noticias de dinero

JFC expects $128 billion in foreign direct investment by 2030

RECENT economic successes and political reforms have prompted foreign business chambers to target $128 billion in foreign investment by 2030. The Philippines’ rapid recovery from the pandemic-driven downturn and expanding opportunities, among other factors, were behind the new foreign direct investment (FDI) target, Philippine Joint Foreign Affairs (JFC) officials said at a briefing on Thursday.

READ MORE
Noticias de dinero

SEC, NBI raid investment attorney’s office in Zamboanga City

The Securities and Exchange Commission (SEC) has announced the termination of Silverlion Livestock Trading Corp. in Zamboanga City for violating the Cybercrime Prevention Act (Republic Act 10175). In a joint operation on November 26, the combined forces of the SEC’s Zamboanga Extension Office and the National Bureau of Investigation (NBI) in Region IX issued a

READ MORE
Entretenimiento

Fibroheal Woundcare: Fibroheal receives additional investment from a Karnataka venture fund.

Fibroheal Wound CareA Bangalore-based biotech start-up that has successfully commercialized silk protein-based solutions for the treatment of acute, chronic, traumatic and postoperative wounds has received additional funding from Kitven, a venture capital fund of the Karnataka state government. Kitwen invested Rs 2.25 crore in the subsequent round after a similar investment in the first round,

READ MORE
Noticias de dinero

BoI highlights possible investment in biotech

The Philippine Board of Investment (BoI) highlighted several business opportunities awaiting investors in the country’s modern biotech industry during a technical forum that was part of the Department of Trade and Industry’s celebration of the 18th National Biotechnology Week (NBW). During a hybrid forum titled “New Modern Industrial Biotechnology Applications: Perspectives and Opportunities”, Executive Director

READ MORE
Noticias de dinero

Japanese investment September 2022

Major equipment orders, which cover the private sector, exclude volatile orders and are a leading indicator of capital spending over the coming three to six months, were down a seasonally adjusted 4.6% m/m in September. was a smaller drop than August’s 5.8% decline. On an annualized basis, car orders grew at a more moderate pace

READ MORE
Noticias de dinero

NGCP Seeks ERC Approval for £20 Billion Capital Investment Projects

National Electricity Corporation. The Philippines (NGCP) is seeking regulatory approval for the immediate implementation of 20.3 billion pesos worth of power transmission projects. “Along with the responsibility for planning, construction, centralized operation and maintenance of its high voltage transmission facilities, NGCC needs to ensure the reliable and high-performance operation of the transmission system. Thus, in

READ MORE
Noticias de dinero

Investment target will not be met – BoI

The Board of Investment (BoI) on Monday said it would fall short of its 2022 target due to global headwinds, in particular the ongoing Russian-Ukrainian war. A month and a half to a year later, the agency only approved an investment of 644.4 billion pesos. Despite a year-on-year growth of 73.51 percent, more than half

READ MORE