Philippine FDI inflows up 1.1 pct in Jan.-Nov.
2013-02-11 17:01:02
Foreign direct investment (FDI) inflows in the Philippines increased by 1.1 percent on year to 1. 23 billion U.S. dollars from January to November 2012, the central bank said on Monday.
Net inflows of equity capital increased by almost three-fold to 1.3 billion U.S. dollars, from 469 million U.S. dollars posted in the same period in 2011.
The bulk of investments came from the United States, Australia, the Netherlands, Japan, and the British Virgin Islands.
These investments were channeled to the manufacturing, real estate, wholesale and retail, mining and quarrying, and financial and insurance sectors.