By Luisa Maria Jacinta C. Jocson, Reporter
NET INFLOWS of foreign direct investments (FDI) slipped to a 16-month low in May amid a decline in investments in equity capital, the Bangko Sentral ng Pilipinas (BSP) reported.
Preliminary data from the BSP showed FDI net inflows dipped by 1% to $499 million in May from $504 million a year ago.
Month on month, net inflows decreased by 10.3% from $556 million in April.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased
