Net FDI inflows into the Philippines rose by 5.5 per cent YoY in July to $820 million, driven by higher net inflows across all components.
The January-July 2024 FDI net inflows were worth $5.3 billion, higher by 7.5 per cent YoY.
Most equity capital placements in July arrived from Japan, the US and Singapore, channeled primarily to the manufacturing and real estate sectors.