FDI inflows dip 17.8% in June to $376-M — BSP

Foreign direct investments (FDIs) posted net inflows of USD376 million in June, down 17.8 percent from USD457 million in the same month last year, the Bangko Sentral ng Pilipinas (BSP) reported last week.

The decline was mainly due to non-residents shifting their equity capital investments from USD85 million inflows in June 2024 to USD57 million outflows this year.

This was partly cushioned by stronger reinvestments of earnings, which rose 36.7 percent to USD128 million from USD94 million, and higher net investments in debt instruments, up 9.3 percent to USD305 million.

Japan, the United States, and South Korea were the top sources of FDIs during the month, with most investments going to manufacturing, real estate, and wholesale and retail trade.

From January to June, total FDI net inflows reached USD3.4 billion, led by investments from Japan, the US, Singapore, and South Korea.