MANILA -The net inflows of foreign direct investments (FDI) into the Philippines dropped by 31 percent to $548 million in March from $792 million in the same month last year amid expectations of a slowdown in worldwide economic growth. The latest monthly readout was a turnaround from a 13-percent growth seen in February and a worsening from the 1.4-percent decrease recorded in March 2022. The Bangko Sentral ng Pilipinas keeps FDI data that represent capital which actually moved, instead of pledged or planned investments that may or may not be realized. In a statement, the BSP said the decrease in March "resulted from lower net inflows across all major FDI components amid investo...
Keep on reading: Foreign investments flow into PH down by a third in March
from INQUIRER.net https://ift.tt/vrD9qh1
Keep on reading: Foreign investments flow into PH down by a third in March
from INQUIRER.net https://ift.tt/vrD9qh1
إرسال تعليق