• Linkdin

FDI net inflows into Philippines up 8.2% YoY in Jan-Oct 2024

13 Jan '25
1 min read
FDI net inflows into Philippines up 8.2% YoY in Jan-Oct 2024
Pic: Adobe Stock

Insights

  • Net FDI inflows into the Philippines grew by 50.2 per cent to $1 billion in October 2024 from $681 million in the same month in 2023.
  • The January-October 2024 net FDI inflows were worth $7.7 billion—a growth of 8.2 per cent YoY.
  • Equity capital placements in October 2024 came largely from Japan, the US and Singapore, directed primarily to the manufacturing, real estate and construction sectors.
Net foreign direct investment (FDI) inflows into the Philippines grew by 50.2 per cent to $1 billion in October last year from $681 million in the same month in 2023.

The increase in net FDI inflows was due to the 60.7-per cent growth in non-residents' net investments in debt instruments to $839 million in the month from $522 million in the same month in the preceding year.

Likewise, non-residents’ net investments in equity capital (other than reinvestment of earnings) rose by 34.1 per cent to $100 million in the month from $74 million in the same month in 2023, an official release said.

Meanwhile, the growth in FDI inflows was moderated by a marginal contraction in non-residents’ reinvestment of earnings. This decreased by 0.9 per cent to $83 million in October 2024 from $84 million in October 2023.

Equity capital placements in October 2024 came largely from Japan, the United States and Singapore, directed primarily to the manufacturing, real estate and construction sectors.

The January-October 2024 FDI net inflows were worth $7.7 billion—a growth of 8.2 per cent year on year.

Fibre2Fashion News Desk (DS)

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search