Net FDI misses target, drops to two-year low

Mar 12, 2019 12:30 am

NET foreign direct investment (FDI) inflows hit a two-year low in 2018, the Bangko Sentral ng Pilipinas (BSP) reported on Monday, also missing the full-year target.

At $9.802 billion — short of the central bank’s $10.4-billion goal and the lowest since 2016’s $7.933 billion — net inflows were down 4.4 percent from 2017’s $10.256 billion.

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