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Crash of the Peso and Withdrawal of Foreign Investment in PH

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The Philippine economy is facing severe challenges despite President Marcos' administration's assurance that "economic growth will be stable." Two negative news have emerged recently: the possible depreciation of the peso and the large-scale withdrawal of foreign investment.

Aside from the plunging peso, foreign investors are also leaving the country. According to the Manila Bulletin, foreign investment in the Philippines will drop by 38.87% in 2024 compared to 2023. Among the countries that significantly lowered investment are Germany, the Netherlands, Japan, Singapore, France, and China.

Bukod sa pagbulusok ng piso, lumalabas din ang mga dayuhang mamumuhunan sa bansa. Ayon sa Manila Bulletin, ang dayuhang pamumuhunan sa Pilipinas ay bumagsak ng 38.87% noong 2024 kumpara noong 2023. Kabilang sa mga bansang malaki ang ibinabang pamumuhunan ay ang Alemanya, Netherlands, Hapon, Singapore, Pransya, at Tsina.

However, many doubt whether a single law will be enough to restore investor confidence and stabilize the economy. Amid global trade and economic uncertainty, it will be a challenge for the Philippines to raise the peso and maintain foreign investment in the country.

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