Philippines’ foreign direct investment inflows shrank by 23% to $9.2 B in 2022

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

United Kingdom News News

United Kingdom United Kingdom Latest News,United Kingdom United Kingdom Headlines

The net inflows of foreign direct investments into the Philippines shrank by 23 percent to $9.2 billion in 2022, according to the Bangko Sentral ng Pilipinas. | RonWDomingoINQ /PDI

MANILA, Philippines – The net inflows of foreign direct investments into the Philippines shrank by 23 percent to $9.2 billion in 2022, according to the Bangko Sentral ng Pilipinas.

BSP data show that net FDI inflows decreased from $12 billion in 2021 as both lending and equity capital from overseas dropped last year.A slight increase in reinvestment of earnings was not enough to offset such decreases. “Notwithstanding the country’s sustained growth momentum, FDI net inflows decreased in 2022 due to the extended global slowdown and high inflation, which adversely affected investor decisions,” the BSP said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

RonWDomingoINQ Nasaan na ang pinagyayabang na foreign investment dala raw ng kanilang junket trip abroad kasama ang mga himod?

RonWDomingoINQ Kulang pa sa biyahe.

RonWDomingoINQ so nasan na ang mga investors ni LBM?

RonWDomingoINQ The Unity-Team Legacy continues... all 'Hot-Air'... Jr can not even settle his Family Tax Due.... Ay yay yay

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in UK

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SMFB survives 2022 with record earningsThe food and beverage flagship of San Miguel Corporation chalked up ₱34.7 billion in net income last year despite 'a very difficult environment' in 2022, its top official said. Beh maski isang bilyon lang masasagot nito ang mga problema ko HAHAHA
Source: CNN Philippines - 🏆 13. / 63 Read more »

Credit Suisse equities business under the microscope after revenue crashCredit Suisse’s revenue from equities trading plummets 95% in the fourth quarter of 2022.
Source: rapplerdotcom - 🏆 4. / 86 Read more »