Net FDI inflows into the Philippines grew by 50.2 per cent to $1 billion in October 2024 from $681 million in the same month in 2023.
The January-October 2024 net FDI inflows were worth $7.7 billion—a growth of 8.2 per cent YoY.
Equity capital placements in October 2024 came largely from Japan, the US and Singapore, directed primarily to the manufacturing, real estate and construction sectors.