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Wednesday, November 22, 2017

Philippines Jumps Up To 4th Place On ASEAN Foreign Direct Investments Ranking


The Philippines has moved up to the upper half of the 10-country Association Southeast Asian Nations (ASEAN) in attracting foreign direct investments (FDI) after settling at the bottom half and in the middle of the pack the previous years. This is a good sign that foreign investors in different neighboring countries are showing confidence in doing business in the country.  The country emerged the fourth largest recipient of FDIs in the region in 2016 with $7.93 billion, preliminary data from ASEAN showed.   This was a two-notch jump after finishing as the sixth largest FDI recipient in 2015. From 2012 to 2014, meanwhile, the country was positioned in the middle of the 10-country bloc.  The amount of FDI the country received, however, still paled in comparison to the top three ASEAN recipients.  Singapore remained the region’s most attractive investment destination last year with total FDI inflow of $53.91 billion, followed by Vietnam and Malaysia at $12.6 billion and $11.33 billion, respectively.  Among the laggards in the region for FDI inflows in 2016 were Brunei Darussalam, Lao PDR and Cambodia.  Overall, an ASEAN Investment Report released yesterday showed FDI flows in ASEAN remained at a high level in 2016 despite a decline to $96.7 billion.  Sponsored Links FDIs from Indonesia and Thailand registered a drastic drop in 2016 to $3.52 billion and $2.55 billion, respectively, from $16.64 billion and $8.03 billion in 2015.  “FDI flows from most ASEAN dialogue partners rose, but a single significant divestment, acquisitions of foreign assets by ASEAN companies in their home countries and large repayments of intra-company loans in one member state contributed to the decline,” the report said.  The report also revealed that cross-border merger and acquisition sales in ASEAN fell 25 percent from $10.3 billion in 2015 to $7.7 billion last year, another contributor to the fall in FDI inflows.  “There were some bright spots. Inflows from a number of major source countries rose, but not enough to overcome the decline,” it said.  FDI flows from the European Union went up 46 percent to $30.5 billion, while those from China rose 44 percent to $9.2 billion.  According to the report, significant FDIs from the Netherlands, Ireland, Luxembourg, Denmark, Spain and France pushed up investment in ASEAN from the EU economies.  Intra-ASEAN investment, also jumped to a record level $24 billion in 2016 which can be considered responsible for a quarter of total FDI flows in the region. Source:Phil Star, ASEAN Investment Report 2017 Advertisement Read More:       ©2017 THOUGHTSKOTO
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The Philippines has moved up to the upper half of the 10-country Association Southeast Asian Nations (ASEAN) in attracting foreign direct investments (FDI) after settling at the bottom half and in the middle of the pack the previous years. This is a good sign that foreign investors in different neighboring countries are showing confidence in doing business in the country.

The country emerged the fourth largest recipient of FDIs in the region in 2016 with $7.93 billion, preliminary data from ASEAN showed.
The Philippines has moved up to the upper half of the 10-country Association Southeast Asian Nations (ASEAN) in attracting foreign direct investments (FDI) after settling at the bottom half and in the middle of the pack the previous years. This is a good sign that foreign investors in different neighboring countries are showing confidence in doing business in the country.  The country emerged the fourth largest recipient of FDIs in the region in 2016 with $7.93 billion, preliminary data from ASEAN showed.   This was a two-notch jump after finishing as the sixth largest FDI recipient in 2015. From 2012 to 2014, meanwhile, the country was positioned in the middle of the 10-country bloc.  The amount of FDI the country received, however, still paled in comparison to the top three ASEAN recipients.  Singapore remained the region’s most attractive investment destination last year with total FDI inflow of $53.91 billion, followed by Vietnam and Malaysia at $12.6 billion and $11.33 billion, respectively.  Among the laggards in the region for FDI inflows in 2016 were Brunei Darussalam, Lao PDR and Cambodia.  Overall, an ASEAN Investment Report released yesterday showed FDI flows in ASEAN remained at a high level in 2016 despite a decline to $96.7 billion.  Sponsored Links FDIs from Indonesia and Thailand registered a drastic drop in 2016 to $3.52 billion and $2.55 billion, respectively, from $16.64 billion and $8.03 billion in 2015.  “FDI flows from most ASEAN dialogue partners rose, but a single significant divestment, acquisitions of foreign assets by ASEAN companies in their home countries and large repayments of intra-company loans in one member state contributed to the decline,” the report said.  The report also revealed that cross-border merger and acquisition sales in ASEAN fell 25 percent from $10.3 billion in 2015 to $7.7 billion last year, another contributor to the fall in FDI inflows.  “There were some bright spots. Inflows from a number of major source countries rose, but not enough to overcome the decline,” it said.  FDI flows from the European Union went up 46 percent to $30.5 billion, while those from China rose 44 percent to $9.2 billion.  According to the report, significant FDIs from the Netherlands, Ireland, Luxembourg, Denmark, Spain and France pushed up investment in ASEAN from the EU economies.  Intra-ASEAN investment, also jumped to a record level $24 billion in 2016 which can be considered responsible for a quarter of total FDI flows in the region. Source:Phil Star, ASEAN Investment Report 2017 Advertisement Read More:       ©2017 THOUGHTSKOTO

This was a two-notch jump after finishing as the sixth largest FDI recipient in 2015. From 2012 to 2014, meanwhile, the country was positioned in the middle of the 10-country bloc.

The amount of FDI the country received, however, still paled in comparison to the top three ASEAN recipients.

Singapore remained the region’s most attractive investment destination last year with total FDI inflow of $53.91 billion, followed by Vietnam and Malaysia at $12.6 billion and $11.33 billion, respectively.

Among the laggards in the region for FDI inflows in 2016 were Brunei Darussalam, Lao PDR and Cambodia.

Overall, an ASEAN Investment Report released yesterday showed FDI flows in ASEAN remained at a high level in 2016 despite a decline to $96.7 billion.
The Philippines has moved up to the upper half of the 10-country Association Southeast Asian Nations (ASEAN) in attracting foreign direct investments (FDI) after settling at the bottom half and in the middle of the pack the previous years. This is a good sign that foreign investors in different neighboring countries are showing confidence in doing business in the country.  The country emerged the fourth largest recipient of FDIs in the region in 2016 with $7.93 billion, preliminary data from ASEAN showed.   This was a two-notch jump after finishing as the sixth largest FDI recipient in 2015. From 2012 to 2014, meanwhile, the country was positioned in the middle of the 10-country bloc.  The amount of FDI the country received, however, still paled in comparison to the top three ASEAN recipients.  Singapore remained the region’s most attractive investment destination last year with total FDI inflow of $53.91 billion, followed by Vietnam and Malaysia at $12.6 billion and $11.33 billion, respectively.  Among the laggards in the region for FDI inflows in 2016 were Brunei Darussalam, Lao PDR and Cambodia.  Overall, an ASEAN Investment Report released yesterday showed FDI flows in ASEAN remained at a high level in 2016 despite a decline to $96.7 billion.  Sponsored Links FDIs from Indonesia and Thailand registered a drastic drop in 2016 to $3.52 billion and $2.55 billion, respectively, from $16.64 billion and $8.03 billion in 2015.  “FDI flows from most ASEAN dialogue partners rose, but a single significant divestment, acquisitions of foreign assets by ASEAN companies in their home countries and large repayments of intra-company loans in one member state contributed to the decline,” the report said.  The report also revealed that cross-border merger and acquisition sales in ASEAN fell 25 percent from $10.3 billion in 2015 to $7.7 billion last year, another contributor to the fall in FDI inflows.  “There were some bright spots. Inflows from a number of major source countries rose, but not enough to overcome the decline,” it said.  FDI flows from the European Union went up 46 percent to $30.5 billion, while those from China rose 44 percent to $9.2 billion.  According to the report, significant FDIs from the Netherlands, Ireland, Luxembourg, Denmark, Spain and France pushed up investment in ASEAN from the EU economies.  Intra-ASEAN investment, also jumped to a record level $24 billion in 2016 which can be considered responsible for a quarter of total FDI flows in the region. Source:Phil Star, ASEAN Investment Report 2017 Advertisement Read More:       ©2017 THOUGHTSKOTO
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FDIs from Indonesia and Thailand registered a drastic drop in 2016 to $3.52 billion and $2.55 billion, respectively, from $16.64 billion and $8.03 billion in 2015.

“FDI flows from most ASEAN dialogue partners rose, but a single significant divestment, acquisitions of foreign assets by ASEAN companies in their home countries and large repayments of intra-company loans in one member state contributed to the decline,” the report said.

The report also revealed that cross-border merger and acquisition sales in ASEAN fell 25 percent from $10.3 billion in 2015 to $7.7 billion last year, another contributor to the fall in FDI inflows.

“There were some bright spots. Inflows from a number of major source countries rose, but not enough to overcome the decline,” it said.

FDI flows from the European Union went up 46 percent to $30.5 billion, while those from China rose 44 percent to $9.2 billion.

According to the report, significant FDIs from the Netherlands, Ireland, Luxembourg, Denmark, Spain and France pushed up investment in ASEAN from the EU economies.

Intra-ASEAN investment, also jumped to a record level $24 billion in 2016 which can be considered responsible for a quarter of total FDI flows in the region.

Source:Phil Star, ASEAN Investment Report 2017
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©2017 THOUGHTSKOTO

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