BusinessWorld E-paper
April 13, 2022
FOREIGN DIRECT investment (FDI) inflows declined for the first time in eight months in January, as the Omicrondriven surge in coronavirus infections and tighter restrictions dampened investor sentiment.
FDI net inflows dropped by 16% to $819 million from $975 million a year earlier, based on
data released by the Bangko Sentral ng Pilipinas (BSP) on Monday evening.