NET INFLOWS of foreign direct investments (FDI) fell to a three-month low in March, with first-quarter inflows also dropping by more than 40% year on year, amid heightened global uncertainty arising from the US tariff policies.
Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed that FDI net inflows declined by 27.8% to $498 million in March from $689 million in the same month a year ago.
This was the lowest FDI level in three months or since the $110-million inflow posted in December.
“The said decline resulted from lower net inflows across all major FDI components,” the BSP said.
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