13 Mar 2018, Waratthapoom Buarapha, EMIS Editor
Philippines’ FDI inflows reached $10.049 billion in 2017
According to the central bank, all major FDI components registered increases during last year. Data have shown double-digit growth rates for all components except for reinvested earnings. The growth includes 25.9% increase to $3.263 billion in net equity capital, 17.5% increase to $3.742 billion in gross placements and 65.3% drop to $479 million in withdrawals.
The central bank noted that a huge portion of equity capital placements flew from investors in the Netherlands, Singapore, the United States, Japan and Hong Kong.
However, the net FDI inflows slipped by 9% to a five-month-low $699 million in December 2017, as net equity capital fell by about 0.4% to $305 million.
Sign in and read the full article in emis.com Original source: Business World