FDI surges 4-fold to $597M in April Foreign direct investments rose fourfold in April to $597.0 million as the country’s strong macroeconomic fundamentals continue to attract investors. The sustained increase in net inflows continued to reflect strong investor confidence in the country’s solid macroeconomic fundamentals. Placements in debt instruments surged to $518.0 million during the month from $23.0 million last year, while reinvested earnings also climbed 26.2% to $80.0 million. However, equity capital investments made by foreign firms in their Philippine units dropped 37.4% to $79.0 million in April as more withdrawals were made during the period. In the first four months of the year, net FDI inflows amounted to $2.4 billion, 9.1% higher than the $2.2 billion recorded in the same period last year. Source: bit.ly/NoypiInvestors #InvestingPinoy #investments
Posted on: Fri, 11 Jul 2014 09:00:05 +0000
Trending Topics
Recently Viewed Topics
© 2015