Net FDI inflows into the Philippines were worth $499 million in May this year, down by 1 per cent YoY, the central bank said.
This decline emanated mainly from the 31.7-per cent YoY drop in non-residents’ net investments in equity capital other than reinvestment of earnings, which decreased marginally by 3.7 per cent YoY to $97 million in the month.
This decline emanated mainly from the 31.7-per cent YoY drop in non-residents’ net investments in equity capital other than reinvestment of earnings, which decreased marginally by 3.7 per cent YoY to $97 million in the month.
