Tag: fdi

FDI from Singapore, Hong Kong and mainland China, led the way in the likes of cloud services, data centres, semiconductors and electronics, with investment set to increase this year.

New measures from China’s central bank will free up repatriation of renminbi profits and serve as a boost for the offshore renminbi market.

Korea mulls opening cross-border remittance to FinTech; Indonesia and China support foreign bank expansion; RBI clarifies FDI reporting standards

China will eliminate the requirement for ministry-level approval on foreign direct investment (FDI), as well as expand Value Added Tax reform; and the Philippines SEC hikes transaction fees.

The country reported a surge in FDI flows in the first quarter of this year. The positive news needs to be taken with a little pinch of salt as FDI into the Philippines is notoriously volatile.

The central bank will have to work hard to maintain the currency band.