By Katherine K. Chan, Reporter
NET INFLOWS of foreign direct investments (FDI) into the Philippines plunged nearly 40% year on year in October, as foreigners’ net investments in debt instruments slumped.
Based on preliminary Bangko Sentral ng Pilipinas (BSP) data, FDI net inflows declined by 39.8% to $642 million in October from $1.067 billion in the same month in 2024.
Despite this, October saw the highest monthly FDI level in three months or since the $1.271-billion net inflows posted in July.
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