The country’s foreign direct investments (FDIs) contracted 8.3 percent in the January-October 2022 period, according to data released by the Bangko Sentral ng Pilipinas (BSP). Know more:
THE country’s foreign direct investments contracted 8.3 percent in the January-October 2022 period, according to data released by the Bangko Sentral ng Pilipinas .
Of this amount, net debt instruments accounted for more than half or $5.36 billion in the January to October 2022 period. It posted a 10.2-percent contraction from the $5.97 billion in the same period in 2021. “Despite the global economic headwinds, FDI net inflows rose on account of the increase in non-residents’ net investments in debt instruments and equity capital of their local affiliates,” BSP said.
In the January to October 2022 period, the top industries that received these FDIs are manufacturing at 30 percent; real estate at 18 percent; and finance and insurance at 17 percent.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Hedge funds in 2022 post worst performance since 2018 –HFR dataHedge funds last year posted their worst performance since 2018, mainly dragged down by equities as portfolio managers struggled to place their bets amid market turmoil, industry data provider HFR said on Monday. | Reuters
Read more »
MMFF 2022 gross sales at P500 million in box office'Deleter,' 'Family Matters,' 'Labyu with an Accent,' and 'Partners in Crime' are the top four MMFF 2022 entries based on gross sales receipts
Read more »
'KILIG': 'Hamilton' cover during Fil-AM singers AJ Rafael and Alyssa Navarro's wedding gets nod from Lin-Manuel MirandaImagine getting a reply from Hamilton star and creator Lin-Manuel Miranda, well, Filipino American couple AJ Rafael and Alyssa Navarro just got it! 🤩 | via philstarlife
Read more »
MREIT declares Q4 2022 dividend | VG CabuagMREIT Inc., the real estate investment trust of Megaworld Corp., has declared dividends of P0.2428 per share to its shareholders based on its distributable income in the fourth quarter of 2022. The cash dividends will be payable on February 15 to stockholders on record as of January 24, the company…
Read more »
Philippine trade deficit wider at $3.677 billion in November 2022The Philippine trade deficit widened in November even as imports contracted while exports posted double-digit growth, government data released on Tuesday showed.
Read more »
LIVE UPDATES: Ginebra vs Bay Area, Game 6 – PBA Commissioner’s Cup finals 2022-2023In a battle of two banged-up teams, Barangay Ginebra attempts to end the PBAFinals in Game 6, while Bay Area aims to drag the series back to the 55,000-seater Philippine Arena for a winner-take-all Game 7. Tune in here for LIVE updates!
Read more »