Legarda expresses concern over declining FDIs

September 25, 2017

SENATOR Loren Legarda on Monday expressed alarm over the decline of the net foreign direct investment (FDI) to the Philippines as of the first half of 2017.

Legarda said that FDIs are an important measure in job generation, and its decline is a cause for concern.

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Legarda Concerned Over Decline of Foreign Direct Investments

September 25, 2017

Senator Loren Legarda today expressed concern over the decline of the net foreign direct investments (FDI) to the Philippines as of the first half of 2017, which was on an upward trend from 2011 until 2016.

Figures from the Bangko Sentral ng Pilipinas (BSP) show that net FDIs for the period January-June 2017 show a decline of 14% or USD 3.59-billion from USD 4.18-billion during the same period in 2016. Net FDIs in 2011 were at USD 2.00-billion, which steadily increased in the succeeding years, and were highest in 2016 at USD 7.97-billion.

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Legarda on CHED, SUCs Budget: ‘Knowledge is Power’

September 24, 2017

Citing the famous adage, “Knowledge is Power,” Senator Loren Legarda stressed the importance of providing sufficient funding for higher education, especially for state universities and colleges (SUCs), to shape knowledgeable communities.

During the hearing on the proposed 2018 budget of the Commission on Higher Education (CHED) and SUCs, Legarda said that funding the needs of the country’s public tertiary education would encourage more students to enroll in SUCs, including in Science, Technology, Engineering, Agri-Fisheries and Mathematics (STEAM) courses.

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PHL in Venice Biennale Docu Airs on September 27

September 24, 2017

The first documentary about the Philippines’ return to the Venice Biennale after five decades of absence will be aired this week on ABSCBN News Channel (ANC).

“How To Tie A String Around The World” will be aired on September 27, 2017, 8:00 p.m. and on September 30, 2017, 11:30 a.m.

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