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End-Nov. FDI inflows slide 22%
Manila Bulletin
|February 11, 2026
Net inflows of brick-and-mortar foreign direct investment (FDI) in the Philippines shrank to $7.08 billion as of end-November 2025, more than a fifth lower than the $9.08 billion recorded during the same period in 2024, as local firms drew fewer borrowings from their foreign counterparts.
At end-November, total net FDI stood at 70.8 percent of the Philippines’ $10-billion full-year target for 2025. It may be recalled that the country attracted a total of $9.44 billion in FDI in 2024.
According to the latest data released by the Bangko Sentral ng Pilipinas (BSP) on Tuesday, Feb. 10, Japan remained the top source of FDIs during the first 11 months of last year, followed by the United States (US) and Singapore.
The financial and insurance activities sector emerged as the largest recipient of investments during the 11-month period, alongside manufacturing, real estate, and wholesale and retail trade.
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