In almost every large country FDI has declined or plunged.
USA is down.
India is dropping lower and lower every year.
Foreign direct investment in India hits 5-year low in 2017-18
Turkey FDI is down.
Saudi has totally plunged.
Indonesia FDI dropped 12.9%
Malaysia FDI has dropped.
Only 2 major countries where FDI is rising well are China and Philippines!
And finally Philippines just announced today that their FDI has risen a solid 42.4% in first half of 2018.
The speed of FDI is increasing rapidly in the Philippines. In the second quarter of 2018, the jump in FDI was an astonishing 70.4%.
According to Santander Bank, Philippines FDI has more than doubled between 2015 to 2017. 2018 is going to be their best year yet. And 2019 will be even better!
Foreign money always stabilises and leads to growth in any country especially if it's going into trade, infrastructure and manufacturing which is the case in Philippines.
With USDPHP at 54.00, there couldn't be a better time to invest in the Philippines. It is bound to strengthen in the year ahead as the economy continues it's growth and more FDI continues to pour in.
As the saying goes, go and invest where the money goes. Follow the money!
There is still time to invest in Rising Philippines for the next couple of decades.
What are you waiting for?
We just hope that the Govt of Philippines will soon open the door wider and remove the negative list of investment into Philippines in order for much more FDI to enter Philippines.
Govt must also improve their banking practices (make them electronic and automated instead of waiting in lines, and coordinate more with foreign banks).
Foreigners should also be allowed to invest in select areas initially (designated free zones) to invest in land and real estate in order to improve and strengthen the economy with new money from abroad. These free zones should be designated tax free (like China, UAE and others have done successfully).
There is a lot of scope for improvement in fine tuning the laws of finance and economy in order to attract MUCH more FDI than has already come since the arrival of President Duterte and due to his Build Build Build initiative.
Go Philippines Go!
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