FDI net inflows slowed in March as war clouds outlook | Collector

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FDI net inflows slowed in March as war clouds outlook

Inquirer

FDI net inflows slowed in March as war clouds outlook

MANILA, Philippines – Foreign direct investment inflows into the Philippines fell to a two-month low in March, adding to signs of softer capital flows as geopolitical tensions in the Middle East cloud the global economic outlook. Net inflows totaled $611 million, the weakest monthly reading since January, according to Bangko Sentral ng Pilipinas data. Even so, the figure was 26.1 percent higher than a year earlier. READ: FDI hit 3-month high of $590M in February Net FDI inflows amounted to $1.7...

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