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Slowdown, wary mood seen in 4-year FDI low

Business Mirror LogoBusiness Mirror1d ago

Slowdown, wary mood seen in 4-year FDI low - Business Mirror

Quick Summary:

FOREIGN direct investments (FDIs) received by the Philippines in September 2024 were the lowest since the height of the pandemic, according to the latest data released by the Bangko Sentral ng Pilipinas (BSP).

For the first nine months of 2024, BSP said FDI net inflows settled at $6.7 billion, a growth of 3.8 percent from the $6.4-billion net inflows recorded in January-September 2023.

FDI includes (a) investment by a nonresident direct investor in a resident enterprise, whose equity capital in the latter is at least 10 percent, and (b) investment made by a nonresident subsidiary/associate in its resident direct investor.


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Article Details

Author / Journalist: Cai U. Ordinario

Category: BusinessStartups

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-10 @ 16:08:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 707 words

Reading Time: 4 minutes read

Sentences: 27 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 24331969

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About Business Mirror

Business Mirror Logo

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 32 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 8 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

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The story "Slowdown, wary mood seen in 4-year FDI low" was covered 1 days ago by Business Mirror, a news publisher based in Philippines.

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  • URL: https://beamstart.com/news/slowdown-wary-mood-seen-in-17338469618903

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