FDI shows $711 net inflows in Aug—BSP

Foreign direct investments (FDI)  net inflows reached FDI net in­flows in August 2016 reached $711 million in August, 32 per­cent higher from a year ago.

The BSP attributed the positive FDI figures to the 44.2 percent increase in investments in debt instruments (or inter­company borrowings) register­ing $636 million from $441 mil­lion last year.

Net equity capital invest­ments posted $8 million from $37 million last year. In gross terms, placements of equi­ty capital slightly grew by two percent to $49 million, the BSP said.

The bulk of gross equi­ty capital placements were sourced mainly from the United States, Singapore, the Nether­lands, Japan, and Hong Kong.