Charter change not a priority for Marcos but lawmakers to continue discussions

PRESIDENT Ferdinand R. Marcos, Jr. cast aside the urgency of changing the 1987 Constitution, saying it is not a priority of his administration as some lawmakers push for amendments to supposedly allow more foreign investments.   “We can achieve what we want, but within the present constitutional [framework,] the way the Constitution is written,” the president […]

‘Hot money’ outflows hit 17-month high

“Hot money” outflows hit a 17-month high in September, the central bank said. — REUTERS THE PHILIPPINES saw the biggest net outflow of short-term foreign investments in 17 months in September, reflecting the impact of the US Federal Reserve’s aggressive monetary tightening. Data from the Bangko Sentral ng Pilipinas (BSP) showed transactions on foreign investments […]

PH, US agree to pursue key investments in power, infra

DEPARTMENT of Trade and Industry (DTI) Secretary Alfredo Pascual and United States (US) Secretary of Commerce Gina Raimondo have agreed to pursue key investments in power generation, mineral processing and infrastructure in the Philippines.In his recent meeting with Raimondo in New York City, the DTI chief shared his intention to attract more US investments in […]

Eros Investments, Xfinite and Calvin Cheng partner to launch XelebX, World’s First Metaverse Members-Only Influencer Fan Club

– Members will get access to the XelebX club through tradable NFTs– XelebX will launch with a community of 200+ million existing fans across the Eros ecosystem MUMBAI, INDIA, Sept 14, 2022 – (ACN Newswire via – Eros Investments, a leading Global Media, Entertainment & Technology portfolio of ventures, and Xfinite, a decentralized entertainment […]

BOI promotes biz opportunities in roadshows nationwide

THE Board of Investments (BOI), the country’s lead investments promotion agency (IPA), is conducting its series of roadshows nationwide on the salient features and highlights of the Strategic Investments Priorities Plan (Sipp).The BOI aims to promote investment opportunities, build connection with the country’s investors, would-be investors, and concerned stakeholders, and make more investments happen in […]

Apptio reinforces commitment to Asia with strategic hire

SINGAPORE, Jun 24, 2022 – (ACN Newswire via – Apptio, the leading provider of technology business management (TBM) applications, has appointed Tarun Kumar Kalra as Regional Vice President – Asia. Tasked with strengthening and establishing new strategic engagements in the region to help organizations make informed, data-driven technology business decisions, Tarun will focus on […]

Dizraptor App Offers Pre-IPO Investments from $10,000

New York, NY, May 19, 2022 – (NovationWire) – This spring Dizraptor app has provided access to private equity investments for retail investors. The app lets you invest in disruptive technology companies at the mid- to late growth stages. Investments are available from $10,000 and up. Dizraptor can be downloaded from the App Store and Google Play. Rare […]

Foreign Investment Act amendments to boost recovery, DTI says 

The amended Foreign Investments Act is likely to support the economic recovery after the coronavirus disease 2019 (COVID-19) pandemic because of the resulting increase in foreign investment, the Department of Trade and Industry (DTI) said.   Trade Secretary Ramon M. Lopez said in a statement Friday that Republic Act No. 11647, which amended the Foreign Investments […]