MANILA, Philippines — The Philippines still lags behind most of its peers in Southeast Asia in attracting foreign direct investments (FDI) despite attaining record high inflows in 2017. Philippine FDI inflows exceeded Thailand’s $9.10 billion and Malaysia’s $9.06 billion in 2017. From 2010 to 2013 and in 2015, the Philippines posted the lowest FDI inflows among the six economies. “After years of low FDI, inflows began rising in 2013, reaching $10 billion in 2017, comparable to inflows of Malaysia and Thailand. Although the Philippines has 16 percent of ASEAN’s population, it receives less than eight percent of the total ASEAN FDI,” AmCham Philippines said in its report.

Source: Philippine Star June 06, 2018 15:45 UTC