2020 has shown a collapse in global foreign direct investments of 42%, estimated at $859B, from $1.5T in 2019. The decline in developing economies measuring at -12% estimated at $616B.

The Philippines logged a total of $961M in net inflows of foreign direct investments in the first month of 2021, which, compared to January 2020, is higher by 41.5%.

With the current issues on vaccine roll-out, waves of pandemic risks, fragile macroeconomic situations in emerging markets, and the uncertainties of global policy investment, FDIs remain a key factor in generating more jobs and reinvigorating the economy.

As the Philippines joins other countries in the region for the Regional Comprehensive Economic Partnership (RCEP) and the passing of the CREATE Bill, all are hopeful that the country will rebound better and faster.

This year's virtual edition of the Joint Economic Briefing entitled "6th Joint Economic Briefing: Opportunities in the Philippines More Than A Year into COVID, With an Emphasis on FDIs" on 6 July, from 3:00 PM - 5:00 PM is organized through the collective efforts of Advantage Austria, the Australian - New Zealand Chamber of Commerce (ANZCHAM), the British Chamber of Commerce of the Philippines (BCCP), the Dutch Chamber of Commerce in the Philippines (DCCP), the European Chamber of Commerce of the Philippines (ECCP), the French Chamber of Commerce and Industry in the Philippines (CCI France Philippines), the German-Philippine Chamber of Commerce and Industry (GPCCI), the Nordic Chamber of Commerce of the Philippines (NordCham Philippines), the Philippine-Swiss Business Council (PSBC), and the Spanish Chamber of Commerce in the Philippines (La Camara).

The group brings together thought leaders to analyze and share their insights into what the future holds for FDIs in the Philippines.

Joining the lineup of invited speakers and panelists are:

Secretary Karl Kendrick T. Chua

National Economic and Development Authority (NEDA)

Governor Benjamin E. Diokno (confirmed)

Bangko Sentral ng Pilipinas (BSP)

Honorable Sharon S. Garin

House of Representatives

Mr. Kelly Bird

Country Director for the Philippines

Asian Development Bank (ADB)

Mr. Jonathan L. Ravelas (confirmed)

First Vice President and Chief Market Strategist

BDO Unibank, Inc

Mr. Michael Kurt Raeuber (confirmed)

Chairman and Group CEO

Royal Cargo, Inc.

Ms. Kavita Hanz

General Manager

Diageo