Sunday 21 October
Powered by Ajaxy
Aug 11, 2018 @ 15:58

Still strong: Foreign investments jump to $1.6B in May


Foreigners still love the Philippines as a an investment destination.

Foreign direct investments doubled to $1.6 billion in May, coming from $677 million that entered the country a year ago.

The Bangko Sentral ng Pilipinas (BSP) said this was a concrete sign of “continued investor confidence” in the country despite all issues in both the local and international markets.

The biggest investors came from Singapore, the United Kingdom, Germany, the United States and Japan.

Five-month investments now stand at $4.8 billion from $3.3 billion last year.

Please follow and like us:

Tags: , , , , , , , , , , , , ,

Related Stories
Your chances of winning are slim to none, but it might be worth investing a
US multinationals have repatriated large amounts of foreign earnings because of last year's tax overhaul,
Homesickness is quite natural and happens to everyone. But it doesnt have to last long.
The United States remains concerned about the weakening of China's currency and the trade imbalances


Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.