10-month FDI inflows rise to $3.4B

Investors remained positive toward the Philippine economy as the 10-month foreign direct investment (FDI), which flowed into the country reached $3.4 billion.

Data from the Bangko Sentral ng Pilipinas (BSP) on Friday showed that the January to October 2013 direct investment inflows were 35.3 percent higher compared to the recorded $2.5 billion of the same period in 2012.