ASEAN’S FOREIGN DIRECT INVESTMENTS
Foreign Direct Investment reflects the confidence of foreign companies/enterprise that their investment is safe in our country.
The ASEAN acquired a total of almost US$52.4 Billion foreign direct investments in 2006. A total of 89% came outside the ASEAN and 11% came within the association.
Where did their investments (89%) go to?
1. SingaporeUS$ 22,917,700,000
2. Thailand$ 7,933,900,000
3. Malaysia$ 5,591,900,000
4. Indonesia$ 4,031,700,000
5. Vietnam$ 2,178,100,000
6. Philippines$ 2,440,600,000
7. Cambodia$ 327,700,000
8. Brunei$ 423,800,000
9. Laos$ 176,800,000
10. Burma$ 115,200,000
And where did we invest (11%) among ourselves?
1. ThailandUS$ 2,822,100,000
2. Indonesia$ 1,524,500,000
3. Singapore$ 1,137,700,000
4. Malaysia$ 467,800,000
5. Vietnam$ 181,900,000
6. Cambodia$ 155,500,000
7. Philippines$ 95,600,000
8. Burma$ 27,800,000
9. Laos$ 10,600,000
10. Brunei$ 9,700,000
The ASEAN acquired a total of almost US$52.4 Billion foreign direct investments in 2006. A total of 89% came outside the ASEAN and 11% came within the association.
Where did their investments (89%) go to?
1. Singapore
2. Thailand
3. Malaysia
4. Indonesia
5. Vietnam
6. Philippines
7. Cambodia
8. Brunei
9. Laos
10. Burma
And where did we invest (11%) among ourselves?
1. Thailand
2. Indonesia
3. Singapore
4. Malaysia
5. Vietnam
6. Cambodia
7. Philippines
8. Burma
9. Laos
10. Brunei
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*Data source: ASEAN Secretariat. Data as of August 2007.
6 Comments:
hey! just wondering, if vietnam had $2.1 billion and the philippines had $2.4 billion, how come vietnam's on top?
you might have made some mistake in here, either with the numbers or the ranking.
zhao an pang yao!
Nope, JK. It's correct. I just omitted the Total Net Inflow disparity of the Philippine's report. Vietnam's report added up on the TNI, the Philippines didn't.
If there is a mistake here...it should be that the Philippines should be at the bottom of Intra-ASEAN below Brunei. But with the available formula... it was at 7.
Pisanu, economy is my world. I am just wondering about the data, which year did you take? If we talked about 2007, Indonesia attracted $ 10.34 B.
but anyway, thanks a lot. I can compare with neighbors !
Apa khabar Akhyari. It's on the article -- 2006. Hello from Vancouver! I love this blog!
This is a bit off topic. I admit that Thailand had more FDI's than the Philippines and based on your data it's more than 8Billion USD.......too bad for our country.
I commend Thailand for all the efforts to come up with better environment for business. I hope the Philippines could follow suit.
I hate it that everytime I go to SM and buy toothpaste, all I see are the ones manufactured in Thailand........
Buying those things is like buying unemployment for my people.
But if I may add.....if you are to look into the amount of remittances in the country ($14.1 Billion in 2007 alone and expected to reach 16 Billion USD this year)
then you would realize something else...............
everytime i see products made somewhere else in the globe not here in the philippines,and im using it.its saddening.ijust hope that diz big companies such as unilever,pamolive -colgate,procter and gamble.,etc.would invest to us
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