By Aaron Michael C. Sy, Reporter
PHILIPPINE foreign direct investment (FDI) net inflows sank to an over four-year low in June amid lower placements across all instruments, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday.
The inflows fell by 29% to $394 million from $555 million a year ago, preliminary data from the BSP showed.
Month on month, net inflows dropped by 27.55% from $510 million in May.
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