share
 

Philippines' foreign investments yield net inflows in 2024

0 Comment(s)Print E-mail Xinhua, January 31, 2025
Adjust font size:

MANILA, Jan. 31 (Xinhua) -- The Philippines' foreign investments yielded net inflows of 17.932 billion U.S. dollars in 2024, a 39.2 percent increase from 2023, the Philippine central bank said Friday.

The bank said 54.2 percent of these investments were in peso government securities, while the balance was invested in the Philippine Stock Exchange-listed securities.

The bank's data showed that the United Kingdom, Singapore, the United States, Luxembourg, and China's Hong Kong were the top five investors during the year, with a combined share of 86.3 percent.

Recorded outflows hit 15.829 billion dollars for 2024, 20.5 percent more than 2023.

The bank said 96 percent of these outflows represented capital repatriation, while the remaining 4 percent pertained to the remittance of earnings. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter