Investment in debt instruments, or lending by parent companies abroad to their local affiliates to fund existing operations and business expansion, contributed largely to the FDI net inflows during the month. Net equity capital infusion of $70 million declined by 91.6 percent from $825 million last year. Net placements in debt instruments expanded by 2 percent to $1.98 billion from $1.95 billion. Equity capital placements reached $275 million while withdrawals amounted to $105 million. In the coming months, he said, the country might continue to record net FDI inflows as the recent domestic developments might not significantly affect the trend in foreign direct investment.

Source: Manila Times July 10, 2017 17:37 UTC