PH foreign direct investment net inflows hit 7-month high in May

FOREIGN direct investment (FDI) net inflows in May hit a seven-month high of $1.645 billion, an increase of 142.9 percent or more than double the level posted a year earlier, the Bangko Sentral ng Pilipinas (BSP) reported on Friday. About 80 percent of the net inflows were in the form of intercompany borrowings, or non-residents’ investments […]

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