Jan.-Nov. foreign direct investments reach $3.6B

Investors remain positive to the growth prospects of the Philippine economy as foreign direct investment (FDI), which flowed into the country for the first 11 months of 2013 reached P3.6 billion.

Data from the Bangko Sentral ng Pilipinas (BSP) on Monday showed that January to November 2013 direct investment inflows were 36.6 percent higher compared to the recorded $2.7 billion of the same period in 2012.