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The Philippines experienced a $43M net inflow of foreign investments in May, reversing April's $312M outflows.
The Philippines' foreign investments saw net inflows of $43 million in May, according to the Bangko Sentral ng Pilipinas (BSP). This marked a reversal from the $312 million net outflows in April, with May's registered investments increasing by 15.2% from the previous month. The majority of investments were in banks, holding firms, property, transportation services, and mining, while the largest contributors were the UK, US, Singapore, Luxembourg, and Norway.
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