Versuchen GOLD - Frei
World Bank, DTI underscore key role of women in growth of businesses
Manila Bulletin
|June 18 2025
The World Bank and the Department of Trade and Industry (DTI) have highlighted the crucial role played by women in the growth of businesses.
The Washington-based multilateral lender said that aside from strengthening governance to build investors’ confidence in developing countries like the Philippines, these economies should also increase job opportunities for women as local branches of foreign companies often hire more women.
"FDI [foreign direct investment] can also help increase job opportunities for women: the domestic affiliates of multinational enterprises, for example, tend to have a higher share of female employees than domestic firms," the World Bank, the world's largest development bank, said in a report published June 17.
Such is a recommended policy that developing countries should adopt as FDI inflows to these economies dropped to their trough in almost two decades in 2023, the latest data available to the multilateral lender showed.
"In 2023, developing economies received just $435 billion in FDI-the lowest level since 2005," the World Bank reported. FDI flowing into developing countries during the year made up only 2.3 percent of their total economic output, nearly half the level seen during the 2008 peak.
As such, the World Bank suggested that governments of developing economies should maximize the positive impact of brick-and-mortar FDI on the economy.
Strengthening trade ties, improving governance, investing in skills and education, and expanding formal employment help countries; gain more from FDI, the report said!! Governments can also maximize the benefit of FDI by directing investments into industries that deliver the most economic and social benefits, it added.
Another recommendation from the lender was "redoubling efforts to attract" more investments.
Diese Geschichte stammt aus der June 18 2025-Ausgabe von Manila Bulletin.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Manila Bulletin
Manila Bulletin
Calamity fails to delay SMX Cebu
SM Hotels and Conventions Corp.
1 mins
November 28, 2025
Manila Bulletin
Del Rosario eyes YOG slot
After making his debut in the Asian Youth Games, promising triathlete Peter Sancho del Rosario is now keenly eyeing a podium finish in the Asia Triathlon Under-15 and Youth Championships scheduled for Dec.
1 min
November 28, 2025
Manila Bulletin
MEG’s Westside City lands world’s largest Mövenpick
Megaworld Hotels & Resorts, the hospitality arm of developer Megaworld Corp.
1 mins
November 28, 2025
Manila Bulletin
Jahns, van der Valk seal title showdown
Keanu Jahns and Guido van der Valk forged an unlikely but compelling showdown for the ICTSI The Country Club Match Play Invitational crown - an ending few predicted yet one that felt inevitable after the way both tore through their semifinal assignments with ruthless efficiency here on Thursday, Nov.
1 min
November 28, 2025
Manila Bulletin
Chad Borja's biggest life lesson
A lesson learned at the peak of his career in the 1990s has kept Chad Borja more grounded and levelheaded.
2 mins
November 28, 2025
Manila Bulletin
'Magpakailanman' marks 23 years of inspiring real-life stories
Celebrating an incredible milestone, the award-winning drama anthology \"Magpakailanman\" proudly embarks on its 23rd year, captivating audiences with an array of powerful and poignant stories that resonate deeply.
3 mins
November 28, 2025
Manila Bulletin
Chef Gene Gonzalez's mushroom growing journey
A few weeks ago, I had the opportunity to eat what I harvested.
3 mins
November 28, 2025
Manila Bulletin
BingoPlus adds BTI payments
Online gaming firm DigiPlus Interactive Corp.
1 mins
November 28, 2025
Manila Bulletin
Gilas battles Guam
Nationals seek flying start in World Cup Qualifiers
1 mins
November 28, 2025
Manila Bulletin
11 dead in UV Express- truck collision in Albay
Eleven persons were killed in a collision between a truck and a UV Express van in Camalig town, Albay province on Wednesday morning, Nov.
1 mins
November 28, 2025
Listen
Translate
Change font size

