Foreign Direct Investments Almost Double in First Half of 2016

Foreign direct investments amounted to $4.19 billion from January to June, 95 percent higher than the $2.15 billion booked in the same period last year. Bulk of the equity came from Japan, Singapore, Hong Kong, US, and Taiwan, and channeled to financial and insurance activities, real estate, manufacturing, and construction. The forecast for the year is $6.3 billion…

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