Articles worth reading
Comelec chairperson George Erwin Garcia

Gov't plans simultaneous plebiscite, midterm polls in 2025 

account_balanceMetro Manila access_time5 days ago

A possible simultaneous holding of a plebiscite for Charter amendments and the midterm polls in 2025 will save the government P13 billion, the Commission on Elections (Comelec) said in a report by Philippine News Agency. "If it will be held sep...

House sticks to March deadline on Charter amendments 

account_balanceMetro Manila access_time5 days ago

The House of Representatives will stick with the pre-Holy Week recess deadline for voting on the resolution proposing amendments to the economic provisions in the 1987 Constitution, according to a report by Philippine News Agency. In a press br...

Bagong Pilipinas Serbisyo Fair held in Sultan Kudarat

account_balanceMetro Manila access_time5 days ago

The success of the Bagong Pilipinas Serbisyo Fair (BPSF) in Sultan Kudarat was a result of the collaboration between the executive and legislative branches in bringing government service closer to the Filipino people. Nearly 150,000 residents receiv...

Metro News

FDI net inflows reach $1 billion in November 2023

account_balanceMetro News account_circleAmihan Reyes chat_bubble_outline0 Comments

The net inflow of foreign direct investments (FDIs) went up by 27.8 percent in November last year, according to a report by Philippine News Agency.

Data released by the Bangko Sentral ng Pilipinas (BSP) on Monday showed that FDI net inflows during the month amounted to $1 billion, higher than the $800 million net inflows recorded in November 2022.

"This improvement was due mainly to the 57.8 percent expansion in nonresidents’ net investments in debt instruments to USD897 million from USD568 million a year ago," the central bank said.


Top sources of FDIs during the month were Japan and the United States.

These were channeled primarily to manufacturing, real estate, and construction industries.

In the first eleven months of 2023, FDI net inflows reached USD7.6 billion, lower by 13.3 percent than the USD8.7 billion in the same period in 2022.

The central bank said, "FDI remained subdued due to the lingering impact of high inflation and low growth prospects globally."


For the same period, the biggest sources of FDIs include Japan, the United States, Singapore, and Germany.

The central bank said 50 percent of these FDIs went to the manufacturing sector, followed by real estate at 15 percent, financial and insurance at 12 percent, and other industries at 24 percent. 

date_rangeDate Published
3 weeks ago
shareShare article
folder_openArticle tags
content_copyCategorized under

Share your thoughts with us

Related Articles

Bill strengthens clinical trials of medicines

account_balanceMetro Manila chrome_reader_mode3 days ago

A measure seeking to accelerate the discovery and development of innovative medicines by strengthening clinical trials hurdled committee level at the House of Representatives, according to a report by Philippine News Agency. During the hearing on We...

Local demand for workers with overseas experience on the rise

account_balanceMetro Manila chrome_reader_mode2 days ago

Companies in the Philippines are interested in hiring Filipino professionals with overseas experience for key leadership positions, the latest local salary survey by the global specialist recruitment firm Robert Walters showed in a report by Philippi...

Kadiwa pop-up store now in post offices

account_balanceMetro Manila chrome_reader_mode1 week ago

Kadiwa Pop up stores were launched last February 23 at the PHLPost Post Office branch located at the municipal compound of Mariveles in the Province of Bataan. Present during the ribbon cutting ceremony and presentation of exhibits are Atty. Ace Jel...

Jaclyn Jose passed away due to heart attack, says daughter Andi

account_balanceMetro Manila chrome_reader_mode1 day ago

Andi Eigenmann, daughter of Cannes-winning actress Jaclyn Jose, confirmed on Monday that her mother had passed away due to a heart attack. "It is with great sadness that I announce the untimely passing of my nanay, Mary Jane Guck, better known ...

Click on the article to continue reading
Quezon City adopts no contact apprehension system Red Cross pushes saliva test Vaccines from COVAX to arrive in Q1 Makati Shangri-La to close doors on Feb. 1 Cities in NCR to start vaccination simultaneously Mother, girlfriend of Filipino infected with UK variant also test positive Send Press Release MNC Facebook Page MNC Twitter Page MNC Instagram Page LGU Spotlight Barangay Front Business Sports Entertainment Metro Gen Metro Feature