Foreign Direct Investments Down 62% in April

Foreign direct investments posted a inflow of $874 million in April, a sharp drop of nearly 62 percent from the $2.24 billion booked in April last year. For the first four months, inflows fell 32 percent to $2.43 billion from $3.58 billion in the same period last year. There was a high base in April last year because of the capital infusion made by The Bank of Tokyo-Mitsubishi UFJ Ltd. for a 20-percent stake in Security Bank…

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