FDI inflows decline to 4-year low in June

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FDI inflows decline to 4-year low in June - Business Mirror

Quick Summary:

Job-generating investments from abroad fell to its lowest level seen at the height of the Covid-19 pandemic four years ago, according to the latest data released by the Bangko Sentral ng Pilipinas (BSP).

Asuncion, however, expects FDIs to improve in the coming months given the decision of the Bangko Sentral ng Pilipinas (BSP) to enter its easing cycle.

BSP said the remaining portion of net investments in debt instruments are investments made by nonresident subsidiaries/associates in their resident direct investors, i.e., reverse investment.