January FDI inflows fall to $448M | Cai U. Ordinario

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January FDI inflows fall to $448M | Cai U. Ordinario
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The foreign direct investments (FDIs) booked by the Philippines reached only $448 million in January, according to data released by the Bangko Sentral ng Pilipinas (BSP).

The foreign direct investments booked by the Philippines reached only $448 million in January, according to data released by the Bangko Sentral ng Pilipinas .

BSP also said equity other than reinvestment of earnings declined 13.1 percent to only $93 million in January 2023 from $107 million in January 2022. The BSP statistics on FDI are compiled based on the Balance of Payments and International Investment Position Manual, 6th Edition .

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