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Philippines’ FDI net inflows dip by 29 pct in June

september 10, 2024by Reacties uitgeschakeld voor Philippines’ FDI net inflows dip by 29 pct in June

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MANILA, Sept. 10 (Xinhua) — Foreign direct investment (FDI) that flowed into the Philippines contracted year-on-year by 29 percent in June 2024 to reach 394 million U.S. dollars, the country’s central bank said Tuesday.

“The decline resulted from lower net inflows across all major FDI components. In particular, nonresidents’ net investments in debt instruments fell by 30 percent to 213 million dollars from 304

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