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Philippines’ FDI drop by 36.2 pct in September

december 10, 2024by Reacties uitgeschakeld voor Philippines’ FDI drop by 36.2 pct in September

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MANILA, Dec. 10 (Xinhua) — The foreign direct investment (FDI) into the Philippines fell by 36.2 percent year-on-year in September this year to 368 million U.S. dollars, the Philippine central bank said Tuesday.

The Bangko Sentral ng Pilipinas (BSP) attributed the downturn to the 32.8-percent decline in non-residents’ net investments in debt instruments, which dropped to 277 million dollars from 413 million dol

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