The quick recovery of foreign direct investments (FDI) following the strict lockdowns signalled investors’ favorable long-term prospects for the Philippines, the Department of Finance (DOF) said. Finance Undersecretary Gil S. Beltran Based on Finance Undersecretary Gil S. Beltan’s latest...
Foreign direct investment (FDI) net inflows registered by the Bangko Sentral ng Pilipinas (BSP) for the first seven months amounted to $3.795 billion, 10.9 percent lower compared to same time last year of $4.259 billion. For the month of July alone, net inflows rose by 35.2 percent...
The central bank yesterday said for the first half of 2020 the country’s net foreign direct investments (FDI) inflows fell by 18.3 percent to $2.997 billion from $3.670 billion same period last year because of the COVID-19 pandemic. FDIs are equity capital, reinvestment of earnings, and...