Business
Philippines' April FDI Inflows Hit Near 10-Year Low
Net inflows of foreign direct investments (FDIs) into the Philippines plummeted to $250 million in April, marking a near decade-low since June 2016. This significant year-on-year decline raises concerns about the resilience of the Philippine economy.
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- FDI Inflows Plunge to Decade Low in April
Foreign direct investment (FDI) net inflows to the Philippines plummeted by 58.8% to $250 million in April, marking the lowest level since June 2016, as global uncertainties prompted investor caution. Authorities suggest this does not indicate a loss of investment attractiveness.