Philippines' FDI rises 50.2 pct in October 2024
MANILA, Jan. 10 (Xinhua) -- Foreign direct investment (FDI) into the Philippines rose 50.2 percent year-on-year in October 2024 to reach 1 billion U.S. dollars, the central bank said Friday.
The bank attributed the increase to a 60.7 percent growth in nonresidents' net investments in debt instruments, which rose to 839 million dollars from 522 million dollars.
The bank added that nonresidents' net investm