OT: 1 post movement ka dyan! go to my ignore list where you truly belong!
OnT
WARNING: This news is not for the faint hearted (
yellow)
Foreign investments at 4-month high in Aug
MANILA, Philippines - Foreign direct investments surged 32 percent to $711 million in August, the highest level in four months amid the positive outlook of investors on the country’s economy, the Bangko Sentral ng Pilipinas (BSP) reported yesterday.
This brought the net FDI inflows to $5.41 billion in the first eight months, $2.25 billion higher than the $3.16 billion registered in the same period last year.
“The sustained FDI inflows were buoyed by investors’ confidence in the economy on the back of the country’s sound macroeconomic fundamentals,” the central bank said.
Foreign investments at 4-month high in Aug | Business, News, The Philippine Star | philstar.com