BusinessWorld E-paper
May 11, 2023
FOREIGN DIRECT INVESTMENT (FDI) net inflows rose by 13% in February to its highest level in 14 months, amid improving investor sentiment towards the Philippines.
Data released by the Bangko Sentral ng Pilipinas (BSP) on Wednesday showed that FDI net inflows climbed to $1.05 billion in February from $926 million in the same month in 2022.
