Foreign Direct Investments Up in First Quarter of 2016

Foreign direct investments logged a $364-million net inflow in March, 59.1% higher than the $229 million recorded in the same month a year ago and 6% up from $342 million in February. This brought the first quarter tally to $1.3 billion, a 52.1% jump from $850 million a year ago. It was the 69th straight quarter of positive growth. The country had raked in $5.724 billion in net inflows in 2015, missing the $6-billion target. Nevertheless,…

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