FOREIGN direct investments (FDI) in February resurged after a slowdown largely due to the robust increase in net equity capital during the period, the central bank said on Monday.

Net FDI in February rose 17.9 percent to $359 million from $305 million in the same month last year, and was up 36.5 percent from $263 million recorded in January this year, figures released by the Bangko Sentral ng Pilipinas (BSP) showed.

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