The facade of the Bangko Sentral ng Pilipinas, adorned with a new logo featuring a gold-colored, full-bodied Philippine eagle with wings spread upward and stars positioned above,  at the Bangko Sentral Headquarters in Quezon City on February 9, 2024.Maria Tan, ABS-CBN News

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<figure data-feedback="fb:likes,fb:comments" id="isPasted"><img alt="BSP" src="https://news-image-api.abs-cbn.com/Prod/editorImage/1707740220802.png" class="fr-fic fr-dib"></figure>MANILA - The Philippines booked $1 billion in net inflows of foreign direct investments in November 2023, the Bangko Sentral ng Pilipinas said on Monday.&nbsp;This was higher by 27.8 percent compared to the $820 million net inflows recorded in November 2022.&quot;This improvement was due mainly to the 57.8 percent expansion in nonresidents&rsquo; net investments in debt instruments to $897 million from $568 million a year ago,&quot; the BSP said.&nbsp;Investments during the month came largely from Japan and the United States and were channeled primarily to manufacturing, real estate, and construction.Despite the higher FDI net inflow that month, the total for the Jan-Feb period fell 13.3 percent year-on-year to $7.6 billion compared to $8.7 billion net inflows in the same period in 2022.<ivs-player data-ivs-key="e8c22c015ca9eafa76f1e3edfa03c603" data-ivs-spid="3001339" data-ivs-vid="1713796"></ivs-player>&nbsp;&quot;Notwithstanding the country&rsquo;s sustained economic growth, FDI remained subdued due to the lingering impact of high inflation and low growth prospects globally,&quot; the BSP said.&nbsp;The Philippines has traditionally lagged behind its neighbors in Southeast Asia in terms of attracting foreign investments.&nbsp;Reforms to the country&#39;s investment laws in the previous administration were expected to draw in more foreign capital, but have yet to deliver.Lawmakers are now looking to amend the economic provisions of the 1987 Constitution in the hope that this would be the key to making the country more attractive to foreign investors.

Investments during the month came largely from Japan and the United States and were channeled primarily to manufacturing, real estate, and construction.Despite the higher FDI net inflow that month, the total for the Jan-Feb period fell 13.3 percent year-on-year to $7.6 billion compared to $8.7 billion net inflows in the same period in 2022.<ivs-player data-ivs-key="e8c22c015ca9eafa76f1e3edfa03c603" data-ivs-spid="3001339" data-ivs-vid="1713796"></ivs-player>&nbsp;&quot;Notwithstanding the country&rsquo;s sustained economic growth, FDI remained subdued due to the lingering impact of high inflation and low growth prospects globally,&quot; the BSP said.&nbsp;The Philippines has traditionally lagged behind its neighbors in Southeast Asia in terms of attracting foreign investments.&nbsp;Reforms to the country&#39;s investment laws in the previous administration were expected to draw in more foreign capital, but have yet to deliver.Lawmakers are now looking to amend the economic provisions of the 1987 Constitution in the hope that this would be the key to making the country more attractive to foreign investors.

This was higher by 27.8 percent compared to the $820 million net inflows recorded in November 2022.&quot;This improvement was due mainly to the 57.8 percent expansion in nonresidents&rsquo; net investments in debt instruments to $897 million from $568 million a year ago,&quot; the BSP said.&nbsp;

<figure data-feedback="fb:likes,fb:comments" id="isPasted"><img alt="BSP" src="https://news-image-api.abs-cbn.com/Prod/editorImage/1707740220802.png" class="fr-fic fr-dib"></figure>MANILA - The Philippines booked $1 billion in net inflows of foreign direct investments in November 2023, the Bangko Sentral ng Pilipinas said on Monday.&nbsp;

The Philippines booked $1 billion in net inflows of foreign direct investments in November 2023, the Bangko Sentral ng Pilipinas said on Monday.

The Philippines booked $1 billion in net inflows of foreign direct investments in November 2023, the Bangko Sentral ng Pilipinas said on Monday.

PH books $7.6-B FDI net inflows from Jan-Nov, down 13.3 pct | ABS-CBN News

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PH books $7.6-B FDI net inflows from Jan-Nov, down 13.3 pct

PH books $7.6-B FDI net inflows from Jan-Nov, down 13.3 pct