Foreign direct investment net inflows last year reached an all-time high of $10.518 billion, or 4.2 percent from $6.822 billion in 2020, according to the Bangko Sentral ng Pilipinas.
Foreign direct investment net inflows last year reached an all-time high of $10.518 billion, or 4.2 percent from $6.822 billion in 2020, according to the Bangko Sentral ng Pilipinas .
“The growth in FDI reflected continued positive foreign investor sentiment on the country amid expectations of a rebound in domestic economic activity and declining COVID-19 reported cases, as well as the strengthening of the global economy,” noted the BSP in a statement. The central bank said the cumulative net inflows was higher year-on-year due to the 80.4 percent growth in non-residents’ net investments in debt instruments which reached $7.527 billion from $4.172 billion in 2020.
As for equity capital placements, this amounted to $2.118 billion, while withdrawals totalled $399 million.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Petron swung to P6.1-b profit as revenues hit P286b in 2021Lone refiner Petron Corp. on Tuesday reported a net income of P6.14 billion in 2021, a reversal from the P11.4-billion loss in 2020. Read more 👇
Read more »
Cebu province’s income up by 7%CEBU CITY, Philippines - The country’s wealthiest province recorded a seven percent increase in its income for 2021.Records from the Provincial Treasurer’s Office showed that the Capitol
Read more »
Tracy Maureen Perez on upcoming Miss World finale: ‘Mulaban gyud ang Bisaya, lalaban ang Pilipinas’CEBU, Philippines—One week to go and another Filipina will sashay in the international pageant stage.Miss World Philippines 2021 Tracy Maureen Perez shared on Wednesday, March 9, 2022, snaps
Read more »
Banks miss 2021 lending quota for agri and agrarian reform sectors - BusinessWorld OnlinePhilippine banks failed to comply with the minimum required lending for the agriculture and agrarian reform (agri-agra) sectors in 2021, according to the central bank. READ:
Read more »
RLC profits jump 62% in 2021Robinsons Land Corporation, one of the leading diversified real estate companies in the Philippines, reported a 62 percent jump in consolidated net income to P8.50 billion last year, moving closer to pre-pandemic levels.
Read more »
Bad loans ratio up at 4.14% in Jan.Banks’ soured loans or non-performing loan (NPL) ratio increased to 4.14 percent in January from same period in 2021 of 3.72 percent, according to Bangko Sentral ng Pilipinas data.
Read more »