Foreign direct investment (FDI), which flowed into the Philippines for the first eight months of the year, reached $2.8 billion as investors remained positive to the country’s economic prospects.
Data from the Bangko Sentral ng Pilipinas (BSP) on Monday showed that the January to August FDI was 25.4 percent higher compared to the recorded $2.2 billion of the same period a year ago.
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