Net inflows of foreign direct investments (FDIs) in the Philippines reached USD731 million in January 2025, according to data released by the Bangko Sentral ng Pilipinas (BSP). This figure represents a 20 percent decline from the USD914 million recorded in January 2024.
The BSP attributed the decline mainly to lower net investments in debt instruments by non-residents, which fell to USD519 million from USD833 million last year.
The central bank, however, noted a slight improvement in other components of FDI. Non-residents’ net investments in equity capital recorded net inflows of USD88 million, a turnaround from the USD11 million net outflows in January 2024. Reinvestment of earnings also increased by 36 percent, reaching USD125 million compared to USD92 million in the same period last year.
The top sources of FDIs in January were Japan, the United States, Singapore, and Malaysia.
“These investments were channeled mostly to the manufacturing, financial and insurance, and real estate industries,” the BSP said.