MANILA, Oct. 11 (Xinhua) -- Net foreign direct investments (FDI) into the Philippines declined by 7.5 percent year-on-year in July to 1.3 billion U.S. dollars, according to the latest data from the Philippine central bank.
In a statement released on Friday, the Bangko Sentral ng Pilipinas (BSP) said the decrease in FDI net inflows during the month resulted from lower nonresidents' net investments in debt instruments, which fell by 39.4 percent to 711 million dollars.
However, the BSP said the reduction was tempered by the 450.6 percent increase in nonresidents' net investments in equity capital (other than reinvestment of earnings), which rose to 418 million dollars.
Similarly, it added that reinvestment of earnings grew by 14.3 percent.
Equity capital placements in July were sourced primarily from Japan and the United States. Industries that received the most of these investments were wholesale and retail trade, manufacturing, and real estate.
On a cumulative basis, FDI net inflows declined by 20 percent from 5.9 billion dollars posted in January-July 2024 to 4.7 billion dollars in January-July 2025. ■