Net inflows of foreign direct investments (FDI) went down by 2.2 percent to $608 million in February from $621 million a year ago, the Bangko Sentral ng Pilipinas (BSP) said.
In a report on Monday, the BSP said the decline was due to the 88.3-percent drop in non-residents’ net investments in equity capital to $20 million from $175 million a year ago as equity capital placements decreased by 62.1 percent to $89 million year-on-year, and withdrawals rose by 13.6 percent to $69 million from $61 million.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.