Philippines' FDI net inflows dip by 14.1 pct in April

MANILA, July 10 (Xinhua) -- Foreign direct investment (FDI) that flowed into the Philippines dropped by 14.1 percent in April 2023 to reach 876 million U.S. dollars from the 1 billion dollars net inflows in April 2022, the Philippine central bank said on Monday.

The Bangko Sentral ng Pilipinas (BSP) attributed the decline in FDI net inflows in April to "concerns over slowing economic growth and relatively high i