FDI growth hit 7-month high of 21.3% in May

FDI growth hit 7-month high of 21.3% in May

MANILA, Philippines – Net inflows of foreign direct investments (FDI) in the Philippines posted their best growth in seven months in May, although the increase was driven more by intercompany borrowings rather than fresh equity inflows. Data from the Bangko Sentral ng Pilipinas (BSP) showed net inflows—the amount of FDI coming in minus what’s pulled […]...Keep on reading: FDI growth hit 7-month high of 21.3% in May