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Investment
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Foreign companies wary as China launches new investment law BEIJING (AFP) - Accus - tomed to unfulfilled promises from the Chinese government, foreign businesses are keeping a wary eye on a nascent law aimed at addressing their long-standing grievances about unfair treatment in the world's second largest economy.
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What to look for in an investment manager For many high net worth individuals, keeping and growing their wealth is an important preoccupation.
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FDIs down 23.1% in 2019. Bangko Sentral ng Pilipinas (BSP) reported that the foreign direct investments (FDIs) posted a double digit drop in 2019 as investor sentiment was dampened by global uncertainty. According to the data released by the central bank, investment by foreign companies or individuals in the Philippines fell by 23.1% to $7.647 billion in 2019 from $9.949 billion the previous year. BSP said that despite the country’s sound macroeconomic fundamentals, global uncertainties dampened investor sentiment during the year.
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More BSP rate hikes loom as inflation spikes HSBC Global Private Bangking and Wealth chief investment officer for southeast Asia James Cheo said in an online press conference that core inflation in the Philippines is now the highest in the region.
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Marcos: Don't misinterpret Maharlika Fund's IRR suspension President Ferdinand "Bong-bong" Marcos Jr. has asserted that the suspension of the Maharlika Investment Fund (MIF) Law's implementing rules and regulations must not be misinterpreted, or be the basis of judgment on the rightness or wrongness of the MIF.
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Over importation of meat, vegetables hurts growers, farmers Senatorial bet and Ilocos Norte Gov. Imee Marcos has urged the Department of Agriculture to arrest the over-importation of pork and chicken meat, saying this is hurting the local industry, particularly backyard raisers who have been selling their produce at cost or at a loss just to recover their investment.
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Economic Watch: 2019 in review: China remains "gold mine" for foreign investors As 2019 draws to an end, China is set to deliver solid economic results with expanding foreign investment inflow being one of the bright spots, revealing that it remains a major magnet for investors worldwide.