FDI settles at $394-M in June

PTVPhilippines

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00:00Foreign direct investments are FDI recorded 394 million net inflows in June,

00:06which is 29% less than the $555 million recorded in the same period last year.

00:12This drop happened because of all major FDI categories had lower net inflows.

00:18Especially investments in debt instruments fell by 30% in June 2023. Investments in equity capital

00:25dropped by 33% and reinvested earnings decreased by 33.2%. In June, most equity capital came from

00:34Japan, the United States, Sweden, and Singapore. This money mainly went to manufacturing,

00:40real estate, wholesale and retail trade, and financial and insurance sectors.

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