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JFC: Philippines to attract $128 billion FDI by 2030

MANILA, Philippines — The Joint Foreign Chambers of the Philippines (JFC) has raised its foreign direct investments target to $128 billion by the end of 2030 as it banks on recently passed reforms that provide significant opportunities for FDI. In a press conference yesterday, American Chamber of Commerce of the Philippines (Amcham) executive director Ebb […]

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More foreign insurers eye presence in Philippines

MANILA, Philippines — More foreign companies are likely to enter the insurance business in the Philippines  as the final tranche of the increase in capital requirement – a move that would impact small local firms – nears implementation. The Philippine Insurers and Reinsurers Association (PIRA), the umbrella organization representing the collective interests of the non-life […]

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