{"id":52504,"date":"2022-08-11T15:16:53","date_gmt":"2022-08-11T07:16:53","guid":{"rendered":"https:\/\/news.outsourceaccelerator.com\/?p=52504"},"modified":"2022-08-11T15:16:53","modified_gmt":"2022-08-11T07:16:53","slug":"fdi-up-18-8-between-jan-may-period","status":"publish","type":"post","link":"https:\/\/news.outsourceaccelerator.com\/fdi-up-18-8-between-jan-may-period\/","title":{"rendered":"FDI up 18.8% between Jan-May period"},"content":{"rendered":"
Foreign direct investments (FDIs) registered with the Bangko Sentral ng Pilipinas (BSP) grew 18.8% to $4.17 billion from January to May, higher than last year\u2019s $3.5 billion.<\/span><\/p>\n According to the BSP, FDI net inflows for May rose 64.1% to $742 million from $452 million in 2021.<\/span><\/p>\n \u201cThe year-to-date growth was mainly on account of the increase in non-residents\u2019 net investments in debt instruments, which muted the decline in net equity capital placements (other than reinvestment of earnings),\u201d said the BSP.<\/span><\/p>\n For May, non-residents\u2019 net investments in debt instruments and equity capital of their local affiliates boosted FDIs.<\/span><\/p>\n The BSP said the bulk of equity capital placements were sourced from investors located in Japan, the United States (US), Singapore, and the Netherlands.<\/span><\/p>\n FDIs were mostly invested in the manufacturing sector (30%), real estate (20%), construction (15%), and financial and insurance sectors (13%).<\/span><\/p>\n The BSP is projecting net FDI to reach $11 billion this year. In 2021, net inflows increased to an all-time high of $10.52 billion, up by 54.2 percent from $6.82 billion in 2020. The previous record level was $10.3 billion in 2017.<\/span><\/p>\n