Net foreign direct investments (FDI) in the Philippines rose 5.3-percent year-on-year to $1 billion in January, highlighting the urgency of the need for the government to implement more job-generating infrastructure projects.
The Bangko Sentral ng Pilipinas (BSP) said in a statement on Thursday the FDI inflows in the month have reversed the 7.9 percent decline in investment recorded a year earlier.
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