Pilipinas, may malaking potensyal na makaakit pa ng foreign direct investments

admin   •   June 27, 2013   •   3692

FILE PHOTO: Port of Manila with overview of surrounding buildings and other establishments. (MARY ROSE DANIEL GOB / Photoville International)

FILE PHOTO: Port of Manila with overview of surrounding buildings and other establishments. (MARY ROSE DANIEL GOB / Photoville International)

MANILA, Philippines – May malaking potensyal ang Pilipinas na makaakit pa ng Foreign Direct Investment (FDI) sa mga susunod na taon.

Batay sa 2013 World Investment Report, bumaba ng limang porsiyento ang foreign direct investment sa east at southeast Asia.

Ngunit sa kabila nito, kabilang pa rin ang Pilipinas, Cambodia, Indonesia, Vietnam  at Myanmar sa mga bansang umangat ng husto ang foreign direct investment nitong nakalipas na taon.

Ayon kay Director Zeno Ronald Abenoja ng Bangko Sentral ng Pilipinas (BSP), pumalo ng $2.797-B ang net foreign direct investment ng Pilipinas noong nakaraang taon, kumpara sa $1.816-B noong 2011.

“We can see that the data will show that Foreign Direct Investment wil continue to flow into the economy at levels that higher than what was experience in 2011.”

Pang-walo naman ang Pilipinas sa 25 developing countries pagdating sa global value chains (GVCs).

Umarangkada ang bansa sa export ng semi-conductor, electronics, garment at maging sa business process outsourcing na posibleng magresulta sa paglikha ng maramimg trabaho.

“Pag tayo’y nagpaparticipate sa global value chain ibig sabihin, lumalaki yung pagkakataon natin na mag-export sa ibang bansa yung ating mga produkto ginagamit sa tinatawag na final goods or services,” paliwanag pa ni Abenoja.

Payo naman ng Asian Development Bank (ADB) sa pamahalang Pilipinas na gumawa pa ng mga estratehiya upang makahikayat ng mga dayuhang investor sa bansa.

Partikular na tinukoy ni ADB Senior Country Economist Norio Usui ang mas mataas na pasahod sa mga obrero sa Pilipinas kumpara sa mga karatig bansa.

“Philippine economy now is attracting many many investors so we do need more effort to create more and more job. That is the only way to translate the strong economic growth into the more kind of inclusive growth,” pahayag ni ADB Senior Country Economist Norio Usui. (Rey Pelayo / Ruth Navales, UNTV News)

Bangko Sentral warns public vs printing of images of PH banknotes

Robie de Guzman   •   January 12, 2022

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) on Wednesday reminded the public that printing images bearing the likeness of Philippine banknotes is prohibited and may result in legal action.

The BSP issued the reminder after the National Bureau of Investigation, together with the BSP Payments and Currency Investigation Group (PCIG), arrested an individual suspected of selling money or cash envelopes using the image and design of the 1000-Piso New Generation Currency banknote.

Pursuant to BSP Circular No. 829, Series of 2014, the central bank said that the act of reproducing the image of any legal tender Philippine currency banknotes, or any part of one, whether in black and white, in color, or combination of colors, without authority or approval from the BSP, is subject to imprisonment of five to 10 years.

“The public may be allowed to reproduce images of Philippine banknotes if authorization or approval from the BSP has been secured for educational, historical, numismatic, newsworthy, or other relevant purposes that will maintain, promote, or enhance the integrity and dignity of the Philippine currency,” it said.

The public may request approval from the BSP to print or reproduce images of Philippine banknotes through the PCIG at email address pcig@bsp.gov.ph, it added.

BSP assures public access to banking services under Alert Level 3

Robie de Guzman   •   January 7, 2022

The Bangko Sentral ng Pilipinas (BSP) on Friday assured that the public will continue to have access to banking services amid the implementation of the COVID-19 Alert Level 3.

The BSP made the assurance after the Inter-Agency Task Force for the Management of Emerging Infectious Diseases placed the following areas under Alert Level 3 due to the rising cases of COVID-19:

  • Metro Manila
  • Cavite
  • Rizal
  • Bulacan
  • Laguna
  • Baguio City
  • Dagupan City
  • City of Santiago
  • Cagayan
  • Angeles City
  • Bataan
  • Olongapo City
  • Pampanga
  • Zambales
  • Batangas
  • Lucena City
  • Naga City
  • Iloilo City
  • Lapu-lapu City

The alert level designation is effective until January 15.

The central bank also assured that its key services such as open market operations, PhilPaSS settlements, and servicing of cash withdrawals remain unhampered.

It likewise encouraged the public to use e-banking and digital payment services for safer and more efficient financial transactions.

The central bank further reiterates its directive to BSP-supervised financial institutions to “strictly observe minimum health protocols to safeguard the safety and well-being of bank personnel and customers.”

The BSP assured that it continues to implement strict COVID-19 measures in all BSP offices, including the vaccination of employees; regular sanitization of its premises; regular health screening through thermal scanning and submission of health declaration forms both for BSP employees and visitors; enhanced detection and contact tracing through regular testing; provision of comprehensive medical assistance; adoption of alternative work arrangements in keeping with IATF guidelines; and a sustained information campaign on protecting oneself from the virus.

Bangko Sentral suspends InstaPay, PESONet fee hikes

Robie de Guzman   •   December 30, 2021

The Bangko Sentral ng Pilipinas (BSP) has temporarily suspended the increases in InstaPay and PESONet fees for person-to-person fund transfers.

In a statement, the BSP said banks and e-money issuers (EMIs) participating in InstaPay and PESONet are not allowed to hike fees but may waive or reduce their current fees.

Participating banks and EMIs whose transfer fees are currently waived may charge these fees again at the level prior to such waiver of fees, it added.

According to BSP Governor Benjamin Diokno, maintaining transfer fees at this time is expected to boost the country’s post-pandemic recovery.

“Likewise, it would sustain the momentum achieved so far in increased digital payments usage,” the central bank added.

Under the Monetary Board-approved issuance, said fees cannot be increased until pricing standards or guidelines have been issued by the Bangko Sentral ng Pilipinas (BSP) or once the volume of digital payments reaches 40%, whichever is earlier.

At the height of the pandemic last year, the BSP said several InstaPay and PESONet participants, banks and EMIs alike, waived transfer fees.

Some participants continued said waiver and the full-scale imposition of these fees is expected to resume next year.

PESONet is a batch electronic fund transfer (EFT) that can be considered as an electronic alternative to the check system.

Meanwhile, InstaPay is a real-time, low-value EFT for transactions amounting up to P50,000 and is useful for e-commerce as well as urgent payment needs.​

Under the BSP Digital Payments Transformation Roadmap, the BSP aims to digitalize 50% of the total retail payments by 2023.


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