Tag: fdi
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FDI inflows up 23% in March
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By Luisa Maria Jacinta C. Jocson, Reporter THE PHILIPPINES’ foreign direct investment (FDI) net inflows jumped by 23% year on year to $686 million in March, bringing the first-quarter inflows to nearly $3 billion, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. Net inflows plunged by 49.8% in…
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FDI net inflows soar to over two-year high
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NET INFLOWS of foreign direct investment (FDI) in February soared to its highest level in over two years, data from the Philippine central bank showed. Data from the Bangko Sentral ng Pilipinas (BSP) showed that FDI net inflows climbed by 29.3% to $1.364 billion in February from $1.055 billion in…