Philippines' FDI net inflows dips by 36.9 pct in April

MANILA, July 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines declined year-on-year by 36.9 percent in April 2024 to 556 million U.S. dollars, the country's central bank said Wednesday.

In particular, the Bangko Sentral ng Pilipinas (BSP) said nonresidents' net investments in debt instruments decreased by 38.8 percent to 407 million dollars from April 2023.

Likewise, the BSP