NET Foreign direct investments (FDI) posted a record high in September, surging by 123 percent from a year earlier as high equity capital and intercompany borrowings offset a decline in reinvested earnings.

The Bangko Sentral ng Pilipinas (BSP) on Friday reported that FDI had hit a net inflow of $1.52 billion, up from the $680 million recorded in September last year.

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