News » FDI net inflows surged to $1.3B in July

FDI net inflows surged to $1.3B in July

Foreign direct investment (FDI) net inflows in the Philippines grew by 52% to US$1.3 billion in July compared to last year’s US$831 million, according to a report from the Bangko Sentral ng Pilipinas (BSP).

In a statement, the central bank said that the FDI net inflow increase “was due mainly to the 61.1% growth year-on-year in investments in debt instruments to $1.1 billion from $667 million.” 

Additionally, the reinvestment of earnings expanded by 87.1% to $155 million compared to 2020’s $83 million.

The BSP stated that the majority of the equity capital placements came from Japan, the United States, and Hong Kong, and were directed mostly to manufacturing, real estate, and the financial and insurance sectors.

Economists noted that the loosening of COVID-19 restrictions to reopen the economy attracted additional foreign investments into the country.

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.