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Friday, April 19, 2019
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FDI registers $569M net inflows in September

FOREIGN direct investments (FDI) registered US$569 million net inflows in September 2018, albeit lower than the $807 million net inflows registered in the same month last year, the Bangko Sentral ng Pilipinas reported. This developed as equity capital withdrawals of $187 million exceeded equity capital placements amounting to $69 million. During the period, equity capital infusions originated largely from the United States, Japan, Macau, Hong Kong and China. These investments were channeled mostly to real estate, manufacturing, and electricity, gas, steam and air-conditioning supply activities. Meanwhile, debt instruments (consisting mainly of inter-company borrowings/lending between foreign direct investors and their subsidiaries/affiliates in the Philippines) expanded by 24.3 percent to $609 million from $490 million in the same month last year. Reinvestment of earnings amounted to $78 million during the month. (PR)


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