FOREIGN direct investments (FDI) to the Philippines fell in the first seven months of the year amid concerns over the Europe’s debt problems and a stalled recovery in the US.
In a statement, the Bangko Sentral ng Pilipinas said FDI recorded net inflows of $26 million last July, an 88.3-percent drop from last year.
The July figure brought the first seven-month FDI to net inflows of $805 million, or 9.7 percent lower than last year’s $891 million.
Gross equity capital placements at end-July declined to $289 million from last year’s $345 million.
Investments mostly came from the US, Japan, Hong Kong, Republic of Korea, and Singapore, and were channeled mainly to real estate, manufacturing, mining and quarrying, utilities, and the wholesale and retail trade sectors. Reinvested earnings amounted to $248 million, or 7.8 percent higher than the figure recorded in first seven months of 2010, as foreign enterprises opted to retain their earnings in local corporations in light of the country’s improving business sentiment.
The other capital account—which consists largely of inter-company borrowing/lending between foreign direct investors and their subsidiaries/affiliates in the Philippines—also registered net inflows of $321 million, largely on account of trade credits extended by affiliates abroad.
This account however suffered a 38.3 percent decline from the $520 million net inflows in 2010.
FDI represents money invested by foreigners in the Philippines to put up new businesses or expand existing ones, and as such creates jobs. –Manila Times
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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