The Philippines experienced a $312 million net outflow of foreign investments in April, a rise from $236 million in March.
Philippines saw a $312m net outflow of foreign investments in April, up from $236m in March, according to the Bangko Sentral ng Pilipinas. In the first four months of 2023, foreign investments yielded net inflows of $65m, an improvement from the same period last year's $680m net outflows. The US remained the top destination for outflows, receiving $527m, or 43% of the total outward remittances.
June 01, 2024
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