FDI net inflow rises 7.1% in April
Provided by Philippine Daily Inquirer.
MANILA, Philippines — The net inflow of job-generating foreign direct investments (FDI) into the Philippines snapped five straight months of decline to post a 7.1 percent growth in April.
The Bangko Sentral ng Pilipinas (BSP) said on Thursday said $610 million more of FDI entered the country against foreign capital that left during the month. This was an increase from a $570-million net inflow a year ago.
READ: FDI net inflows to Philippines slipped for 5th month in March
“The increase resulted from higher net inflows from nonresidents’ net investments in debt instruments,” the BSP said.
These surged by 24.3 percent year-on-year from $420 million to $522 million.
READ: Let foreign investments boost PH economy
“Reinvestment of earnings also increased by 3.3 percent from $82 million to $84 million,” the central bank added.
(2025/07/10-12:23)
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