GROWTH in net foreign direct investments (FDI) could “pick up in the coming months” despite dropping to a four-month low in March, according to an analyst.

In a statement late on Tuesday, RCBC Economics and Industry Research Division Corporate Planning Group Head Michael Ricafort said that, at “the rate FDI are doing as of [the first quarter of] 2019 and in view of any possible pickup in the coming months, total FDI for the year would still be similar to around the record levels seen in the past one to two years.”