Net inflows of foreign direct investment (FDI) to the Philippines eased in October from the preceding month, although the level remained far above that of the year-earlier, with a 102.7 percent increase recorded for October 2013, the latest data from the central bank shows.
Cumulative net inflows for the 10 months to October 2014 surpassed the central bank’s projection of $4.4 billion for the full-year 2014 by almost 21 percent.
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