Philippines sees $529.68 million in foreign investment outflow in October, but shows yearly improvement.

In October, the Philippines saw a net outflow of $529.68 million in foreign investments, reversing the $1.025 billion inflow from the previous month. Despite this, the first 10 months of 2024 showed a significant improvement with $2.494 billion in net inflows, compared to $715.43 million in net outflows in the same period last year. The majority of investments came from Britain, Singapore, the U.S., Luxembourg, and Malaysia.

November 30, 2024
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