Worries weigh on FDI

Mar 12, 2024 12:30 am

Net foreign direct investments (FDI) surged in December last year but were not enough to push the 2023 tally past the previous year's count, Bangko Sentral ng Pilipinas (BSP) data showed on Monday.

The month's net inflow of $826 million — 29.9 percent higher compared to a year earlier — brought the full-year result to $8.86 billion, 6.6 percent down from 2022's $9.5 billion.

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