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Philippines’ FDI net inflows drop by 29.6 pct in October

januari 10, 2024by Reacties uitgeschakeld voor Philippines’ FDI net inflows drop by 29.6 pct in October

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MANILA, Jan. 10 (Xinhua) — Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 29.6 percent in October 2023 to 655 million U.S. dollars, the country’s central bank said Wednesday.

The Bangko Sentral ng Pilipinas (BSP) said the latest figure brought the country’s FDI net inflows from January to October 2023 to 6.5 billion dollars, a 17.5 percent decline from the same period

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