Net FDI inflow recorded at USD 84mn in February.

By bne IntelliNews May 11, 2012
Philippines net foreign direct investment (FDI) inflow was recorded at USD 84mn in February this year, as compared to USD 121mn registered during the same period a year earlier. As reported by Dow Jones International News, the Bangko Sentral ng Pilipinas stated that the FDI posted a net inflow of USD 850mn during the first two months of the year, as compared to the inflow of USD 335mn registered during the same period a year earlier. The bulk of the inflow during the period included a foreign firm's final payment for shares in a local beverage manufacturer.

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