What Is a Foreign Direct Investment (FDI)?
A foreign direct investment (FDI) is an investment made by a firm or individual in one country into business interests located in another country. Generally, FDI takes place when an investor establishes foreign business operations or acquires foreign business assets in a foreign company. However, FDIs are distinguished from portfolio investments in which an investor merely purchases equities of foreign-based companies.
SINGTEL & GLOBE
Globe Telecom (Globe) is a leading full service telecommunications company in the Philippines, serving the needs of consumers and businesses across an entire suite of products and services including mobile, fixed, broadband, data connections, internet and managed services. Its principals are Ayala Corporation and Singtel, both acknowledged industry leaders in the country and the region.
DITO & CHINA TELECOMS
Dito Telecommunity Corporation (formerly known as Mindanao Islamic Telephone Company, Inc. or Mislatel), is a telecommunications company in the Philippines. It is a consortium of Davao businessman Dennis Uy’s Udenna Corporation and its subsidiary Chelsea Logistics Corporation, and Chinesestate-owned China Telecommunications Corporation, a parent company of China Telecom. The consortium is known as the sole winner of the government-sanctioned bidding that would allow the consortium to become the third major telecommunications provider in the Philippines challenging the duopoly of PLDT and Globe Telecom.ImageUpload an image file, pick one from your media library, or add one with a URL.UploadMedia LibraryInsert from URL
SINGLIFE AND ABOITIZ PARTNER TO DISRUPT PHILIPPINE LIFE INSURANCE MARKET
Aboitiz Group listed firm Aboitiz Equity Ventures, Inc. (AEV) and Singapore Life Private Limited (Singlife) have partnered to establish a new digital life insurance company in the country.
The joint venture, Singlife Philippines, majority of which is owned by Singlife (65%) with partners Di-Firm (20%), and AEV (15%), is set to make insurance and financial products more accessible to Filipinos nationwide. READ MORE
- Foreign direct investments (FDI) are investments made by one or more companies in Philippines.
- FDIs are actively utilized in open markets rather than closed markets for investors.
- Horizontal, vertical, and conglomerate are types of FDI’s.
- Horizontal is establishing the same type of business in Philippines, while vertical is related but different, and conglomerate is an unrelated business venture.
- Singtel, China Telecom& Singlife investment in Philippines is an example of an FDI.
FINWAZE believe that there will more FDI’s coming to Philippines especially so with the amendments of 100% ownership by foreigners. In doing so, we expect many more new companies will be public-listed in the PSE. Finwaze traders see lots more opportunities for Filipinos to invest in the Philippines Stock Exchange.