Rappler's latest stories on Investing
Virus hands Japan pension fund worst loss since 2008 crisis
Japan's Government Pension Investment Fund records losses amounting to 8.28 trillion yen ($77 billion) for the fiscal year that ended in March 2020
China opens more industries to foreign investment
China eases international ownership caps on brokerages, futures companies, and life insurance firms
CBA facing huge fines in latest Australian banking scandal
The Commonwealth Bank of Australia is accused of receiving Aus$22 million ($15 million) in prohibited payments from a subsidiary to promote its retirement fund to customers
Saudi Aramco completes purchase of 70% stake in SABIC
Oil giant Saudi Aramco acquires a 70% stake in chemical giant SABIC for $69.1 billion
Virus crisis torpedoes foreign investment – U.N.
The United Nations expects a 40% drop in global foreign direct investment in 2020
China-led AIIB approves $750-million loan for PH's virus response
The loan from the Beijing-based multilateral lender will be used to increase the Philippines' testing capacity and provide conditional cash transfers to poor households
Virus sparks record drop in energy investment – IEA
The International Energy Agency estimates global energy investment may plunge by almost $400 billion in 2020
Philippine investments down 71% in January-April 2020 due to coronavirus
The Board of Investments says investments reached P84.1 billion in the first 4 months of 2020, much lower than the P286.7 billion in the same period last year
Dubai investment arm's net profit rises in 2019
The Investment Corporation of Dubai, which owns giant firms like Emirates Airline, posts a 16.9% increase in net profit in 2019
For the first time, MPIC quarterly earnings fall, capex halved
Despite the harsh earnings dip in the 1st quarter of 2020, Metro Pacific Investments Corporation chairman Manny Pangilinan says workers' welfare comes first over profitability
U.N. urges global debt deal to prevent 'disaster' in poorer countries
The United Nations says around $1 trillion of debt owed by the hardest-hit developing countries should be forgiven
Facebook takes $5.7B stake in India digital platforms
The deal is one of the biggest foreign investments in the country
COA affirms disallowance of P4.54-M benefits for Tidcorp board's ex-officio members
COA says Monetary Board member Peter Favila and former MB member Armando Suratos are not entitled to the allowances and benefits they got from 2005 to 2010 as ex-officio members of the Trade and Investment Development Corporation of the Philippines
U.N. urges $2.5 trillion in pandemic aid to developing nations
A UN report notes that the two-thirds of the global population who live in developing countries (excluding China) face 'unprecedented economic damage' from the crisis
Pandemic will cut global investment flows more than feared – U.N.
'It is now evident that pandemic mitigation efforts and lockdowns around the world will have devastating effects on all economies,' say United Nations economists
House leaders slam 'anti-Filipino' bill allowing foreign ownership of public services
(UPDATED) House Minority Leader Bienvenido Abante Jr and Senior Deputy Majority Leader Jesus Crispin Remulla vote no to House Bill No. 78, saying that it violates the 1987 Constitution
House passes bill allowing 100% foreign ownership of public services
(UPDATED) But Gabriela Representative Arlene Brosas slams the bill as 'economic charter change without tinkering with the 1987 Constitution'
Manny Pangilinan exits P102-billion NAIA Consortium
Tycoon Manny Pangilinan's departure from the 'super consortium' comes as his businesses face regulatory risks under the Duterte administration
Coronavirus crisis could cost world up to $2 trillion – U.N.
Loss of consumer and investor confidence, a slowdown of global demand, swelling debt, and widespread market anxiety are just some of the issues clouding the global economic horizon
Coronavirus outbreak will slash global investment flows – U.N.
United Nations economists warn that regardless of how quickly the coronavirus outbreak lasts, it would significantly drag down global foreign direct investments
Chinese virus-related slump to slash $50 billion in global exports – U.N.
United Nations economists say manufacturing disruptions in China are 'expected to have repercussions elsewhere through regional and global value chains'
SM Investments earns P44.6 billion in 2019
SM ended 2019 with total assets growing to a massive P1.1 trillion
[ANALYSIS] Why Nokia, Wells Fargo, and Honda are leaving the PH
(UPDATED) Although global factors are at play, the Philippines’ business climate and government policies are also partly to blame
Politics forces Manny Pangilinan to divert to 'less risky' businesses
Manny Pangilinan may get into real estate and tourism, as he faces regulatory risks with his other businesses
'Unconstitutional' to let foreigners own public utilities – opposition lawmakers
If passed into law, House Bill 78 would allow foreigners to fully own telecommunication and transportation companies in the Philippines which is 'fatally violative of the Constitution' the lawmakers say
House one step away from passing bill letting foreigners own public utilities
But opposition lawmakers argue that the 'unconstitutional' bill would lead to Filipinos being at the mercy of foreign firms
House closer to passing bill allowing foreigners to own PH public utilities
For lawmakers behind the bill, the 1987 Constitution’s requirement that at least 60% of public utility enterprises' capital stock must be owned by Filipino citizens or corporations is limiting the country’s economic growth
Court orders arrest of Kapa Ministry officers
Kapa officers are accused of running a Ponzi scheme, which involves offering impossibly high returns and paying investors using the money contributed by later investors
Foreign direct investments fall by 30% in January-November 2019
Foreign direct investments register higher inflows in November, but not enough to lift the figure for the 11-month period last year, as the global economic slowdown spooks investors
SM-Ayala consortium breaks ground on Cebu SRP project
Cebu City Mayor Edgar Labella says the project is expected to generate over P316 billion in investments and 2 million direct and indirect jobs
[ANALYSIS] Why did Philippine growth drop to an 8-year low?
Why is there disappointing growth, given the country's potential? Let's talk about lower investments and the weakening of industry.
UK puts visas into pitch for post-Brexit trade with Africa
Opening the first UK-Africa Investment Summit in London, Prime Minister Boris Johnson makes a clear pitch for business less than two weeks before Britain leaves the European Union
[OPINION | Point of Law] Challenges in business that cannot scare us
The message from the world is clear: unless we in the Philippines shape up, foreign investors will continue to view us as an unworthy investment destination
Kapa Ministry officers face criminal charges
For allegedly engaging in a Ponzi scheme, officers of Kapa-Community Ministry International face several cases in courts in Bislig City, Surigao del Sur; Quezon City; and Rizal
Foreign firms wary as China launches investment law
China's foreign investment law is supposed to give local and foreign companies equal treatment, but international firms only have 'modest' expectations
PH trade deficit ‘alarming,’ says BOI official
BOI executive director Ma. Corazon Dichosa says trade deficit of the country for the past 5 years has averaged 76.54%
Hot money net outflows hit $345 million in November 2019
Foreign portfolio investments for November yield net outflows as a result of $1.5 billion fleeing, mainly from the United States
[ANALYSIS | Point of Law] Water contracts mess: Fiasco for the investing public
While the government must not be beholden to investors, it is essential that it does not trivialize their investments, must treat them with fairness and reason, and exemplify stability and confidence to attract investments
Malaysia arrests almost 700 Chinese over cyber scam
With a fairly open visa regime and relatively developed telecommunications infrastructure, Malaysia becomes a hotspot for foreigners looking to set up centers to run online scams
Duterte makes 2nd week of November 'Investor Protection Week'
Proclamation No. 846 tasks the Securities and Exchange Commission to lead the observation and celebration of the 'investor protection week' every year
SEC orders takeover of R&L Investments
Capital Markets Integrity Corporation, the local bourse's compliance arm, is tasked to assist affected customers and submit a report for instituting criminal charges
Ayala invests $237 million in Myanmar tycoon's empire
Ayala Corporation is set to acquire a 20% stake in Serge Pun's Yoma Group. The deal is the biggest ever Philippine conglomerate investment in Myanmar.
PSE pushes for audit as P700-M white collar scandal hits R&L Investments
A trusted employee addicted to gambling stole millions of pesos from one of the country's oldest brokerage firms, leading to the company's closure
Global leaders, tycoons flock to Saudi 'Davos in desert'
Organizers say 300 speakers from over 30 countries, including American officials and heads of global banks and sovereign wealth funds, attend the Future Investment Initiative (FII), nicknamed 'Davos in the desert'
Makati Subway to get extra $332-million funding from Chinese firms
Mayor Abby Binay flies to Hong Kong to secure more funding for her flagship project, the Makati Subway
After getting fresh capital, Metro Pacific Hospitals scraps IPO plan
Metro Pacific Hospital Holdings says goodbye to its IPO plan for now, after getting a massive fresh capital infusion of P35 billion from a consortium led by global investment firm KKR
Foreign direct investments drop 41% in July 2019
Foreign investors place less bets on the Philippines for the 5th straight month
Kapa-like investment group in Mindanao faces syndicated estafa complaint
The National Bureau of Investigation files a syndicated estafa complaint – a non-bailable offense – against 39 individuals associated with the ALAMCCO credit cooperative
Business groups in favor of easing restrictions on foreign investments
But ex-Ateneo School of Government dean Tony La Viña argues that lifting these constitutional restrictions would be 'very, very dangerous'
Over $1 billion in hot money flees Philippines
Foreign portfolio investments post a net outflow of $1.1 billion from January to August 2019, reversing the net inflow of $602 million in the same period last year
