Foreign Direct Investments Up 32% in August

Foreign direct investments surged 32 percent to $711 million in August, the highest level in four months. 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. Bulk came from Japan, Singapore, Hong Kong, US, and Taiwan, and channeled to financial and insurance activities, real estate, manufacturing, construction, accommodation, and food…

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