FDI inflows slump to lowest in 5 years

REUTERS By Luz Wendy T. Noble, Reporter FOREIGN direct investments (FDI) to the Philippines slid to a five-year low in 2020, as the coronavirus pandemic drove investors toward safe havens. Preliminary data released by the Bangko Sentral ng Pilipinas (BSP) on Tuesday showed FDI net inflows last year shrank by […]

FDI inflows slump to lowest in 5 years

REUTERS By Luz Wendy T. Noble, Reporter FOREIGN direct investments (FDI) to the Philippines slid to a five-year low in 2020, as the coronavirus pandemic drove investors toward safe havens. Preliminary data released by the Bangko Sentral ng Pilipinas (BSP) on Tuesday showed FDI net inflows last year shrank by […]