Monday 10 December 2018
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inquirer - 2 month ago

Defying PH economic woes, long term investment inflows surged 52% in first 7 months

Long term investment inflows into the Philippines continued to defy the outflow of short term capital from the financial markets and the adverse sentiment brought about by high inflation and slowing economic growth, data from the central bank revealed. According to the Bangko Sentral ng Pilipinas (BSP), net inflows of foreign direct investments for the first seven months of 2018 increased by 52.1 percent to $6.7 billion from $4.4 billion last year. This reflected the continued positive investor sen

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