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BusinessWorld E-paper

November 12, 2024

NET INFLOWS of foreign direct investment (FDI) into the Philippines slid in August mainly due to a sharp decline in investments in debt instruments, data from the central bank showed.

Net inflows dropped by 14.5% to $813 million in August from $951 million a year ago, the Bangko Sentral ng Pilipinas (BSP) reported on Monday.

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