By Katherine K. Chan, Reporter
FOREIGN direct investment (FDI) net inflows to the Philippines jumped by 35% year on year in June, even as they fell to a two-month low, central bank data showed.
Based on preliminary Bangko Sentral ng Pilipinas (BSP) data released on Thursday, FDI net inflows jumped by 35.1% to $447 million in June from the revised $331 million in the same month last year.
This was the second month in a row that FDI net inflows posted annual growth.
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