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Friday, March 29, 2024

Philippine investments low vs Asian economies

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The total foreign direct investments stock increased 22 percent to $78.88 billion in 2017 from $64.5 billion in 2016, a marked improvement but still smaller compared with other countries in the region, data from the Global Investment Report 2018 showed.

A report published by the United Nations Conference on Trade and Development said the Philippines registered inward FDI flows of $9.52 billion in 2017 from $6.9 billion in 2016.

Indonesia, however, registered $23.06 billion from just $3.921 billion in 2016. Thailand generated $7.635 billion in inward FDIs from $2.068 billion the previous year.

Global flows of foreign direct investment fell 23 percent in 2017. Cross-border investment in developed and transition economies dropped sharply, while growth was near zero in developing economies. 

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