Net inflows of foreign direct investments fell by 46% in Jan
newscatcher
2023-04-11 10:31
Net inflows of foreign direct investments fell by 46% in Jan
MANILA -The net inflows of foreign direct investments (FDI) to the Philippines fell by 46 percent in January to $448 million from $824 million in the same month last year. In a statement, the Bangko Sentral ng Pilipinas said the decline in January was due to the decrease in non-residents' net investments in debt instruments and equity capital. Meanwhile, non-residents' reinvestment of earnings increased slightly. 'FDI net inflows declined during the month amid global economic uncertainties and high inflation, which continued to weigh on investor decisions,' the BSP said.

https://business.inquirer.net/395328/net-inflows-of-foreign-direct-investments-fell-by-46-in-jan

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