FDI Inflows Plunge 44% in July, Signaling Economic Headwinds
Foreign direct investment (FDI) net inflows into the Philippines plummeted by 44.1% year-on-year to $689 million in July, contributing to a 23.9% decline in the seven-month tally. The downturn was primarily driven by weaker equity capital investments and intercompany borrowings, raising concerns for economic recovery.
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