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Philippines’ FDI net inflows rise 35.7 pct in July

oktober 10, 2023by Reacties uitgeschakeld voor Philippines’ FDI net inflows rise 35.7 pct in July

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MANILA, Oct. 10 (Xinhua) — Foreign direct investment (FDI) that flowed into the Philippines rose 35.7 percent year-on-year in July to reach 753 million U.S. dollars, the Philippine central bank said Tuesday.

The latest figure brought the country’s FDI net inflows from January to July 2023 to 4.7 billion dollars, a 14.7 percent decline from the same period in 2022.

“FDI declined amid concerns over slowing

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