Foreign investors renew interest in PH – FMIC

The Philippines is expected to attract renewed foreign investment interest, which could help drive the economy forward this year along with election-related and infrastructure spending, a report from a major investment adviser said.

In the March issue of First Metro Investment Corp’s (FMIC) monthly economic and capital markets report, The Market Call, FMIC President Rabboni Francis B. Arjonillo said the country’s economic performance is attracting foreign investment, as indicated by the latest data showing net foreign direct investment (FDI) in the Philippines.