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BusinessWorld E-paper

February 13, 2024

NET INFLOWS of foreign direct investments (FDIs) into the Philippines in November surged to its highest level in almost two years amid an improving economic outlook.

FDI net inflows rose by 27.8% year on year to $1.048 billion in November 2023 from $820 million in the same month in 2022, data released by the Bangko Sentral ng Pilipinas (BSP) on Monday showed.

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