Philippines' FDI net inflows drop by 7.9 pct in September

MANILA, Dec. 12 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines fell to 626 million U.S. dollars in September, 7.9 percent lower than the amount posted in September 2021, the Philippine central bank said Monday.

On a cumulative basis, the Bangko Sentral ng Pilipinas (BSP) said the FDI net inflows for the first three quarters of 2022 reached 6.7 billion dollars, 10 percent lower than