Long-Term Capital Inflow Slowed in 1st 4 Months
The net inflow of long-term investments to the Philippines slowed down for the month of April as well as during the first four months of the year as foreign firms infused less equity into their local units while the pace of capital repatriations during these periods quickened.
According to the Bangko Sentral ng Pilipinas (BSP), foreign direct investments (FDIs) recorded a net inflow of $2.9 billion in January-April 2019—a 14-percent decrease from the $3.4 billion in net inflow a year ago.