(MENAFN) Philippine foreign direct investment (FDI) inflows hit USD1 billion, increasing by a 5.3 percent on 2014, Xinhua reported
Records of the foreign portfolio investments, a.k.a. hot money, showed a net outflow that reached USD1.84 billion in January
The Philippine central bank said in a statement that "this developed as investments in debt instruments and equity capital registered higher net inflows during the month despite the observed reversal in foreign portfolio investments".
The main countries that led the foreign investments include China's Hong Kong, the United States, Japan, Singapore and the United Kingdom
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