The Philippines registered foreign direct investment (FDI) net inflows of $3.43 billion as of end-April, 12.1 percent higher than the same period last year of $3.06 billion, Bangko Sentral ng Pilipinas (BSP) data showed.
The Philippines registered foreign direct investment net inflows of $3.43 billion as of end-April, 12.1 percent higher than the same period last year of $3.06 billion, Bangko Sentral ng Pilipinas data showed.
The BSP said this positive development in both the cumulative and monthly FDI data was due mainly to the increase in non-residents’ net investments in debt instruments. “Meanwhile, net equity placements declined during the period,” it noted. Equity capital placements also expanded, which were mostly investments from Malaysia, the United States, and Japan. These funds were invested in these sectors: construction; real estate; professional, scientific, and technical; and manufacturing industries.
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