Foreign Investments Up by 184%

Foreign direct investment (FDI) inflows surged 184 percent to $3.49 billion in the first four months from $1.23 billion in the same period last year. For April alone, net FDI inflows zoomed 476 percent to $2.2 billion from $382 million in the same month last year. This came ahead of the May elections. The new administration vowed to continue the reforms undertaken by the Aquino administration…

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