23.1% FDI net inflow increase to 686 million USD in March for the Philippines, driven by non-resident's debt investments.
The Philippines experienced a 23.1% year-on-year increase in foreign direct investment (FDI) net inflows, reaching 686 million USD in March, according to the country's central bank. The growth was driven mainly by non-residents' net investments in debt instruments, which increased to 465 million USD. This expansion brings the cumulative FDI net inflows to around 3 billion USD in the first quarter.
June 10, 2024
9 Articles