DESPITE concerns about the Covid-19 Delta variant, net inflows of foreign direct investments (FDIs) soared to a five-month high in June, according to the Bangko Sentral ng Pilipinas (BSP).

Central bank figures released on Friday showed that net inflows increased by 60.4 percent to $833 million in the sixth month of 2021 compared to $519 million a year earlier. The June print is the largest since it reached $961 million in January of this year.

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