{"id":29495,"date":"2016-10-11T17:38:00","date_gmt":"2016-10-11T10:38:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/philippines-fdi-increase-put-down-to-positive-investor-sentiment\/"},"modified":"2016-10-11T18:01:34","modified_gmt":"2016-10-11T11:01:34","slug":"philippines-fdi-increase-put-down-to-positive-investor-sentiment","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/philippines-fdi-increase-put-down-to-positive-investor-sentiment\/","title":{"rendered":"Philippines FDI increase put down to positive investor sentiment"},"content":{"rendered":"


\nStrong macroeconomic fundamentals in the country
\nMakati, one of 17 cities that make up Metro Manila, Philippines. joyfull \/ Shutterstock.com
\nForeign direct investments (FDI) in the Philippines grew\u00a07 percent year-on-year in July, the country\u2019s central bank announced this week.
\nTotal FDI in the archipelago hit USD503 million in July, compared with the USD470-million inflow in the same period last year, the Bangko Sentral ng Pilipinas (BSP) reported.
\n\u201cThe increase in FDI inflows was driven by investors\u2019 positive outlook on the Philippine economy, reinforced by strong macroeconomic fundamentals,\u201d the BSP said in a statement.
\nMore: How Davao became hot property in the Philippines
\nForeign investments in equity capital hit only USD23 million in July however, an 85.5 percent drop from the same month last year. Such inflows were ploughed into real estate, among other sectors, and originated from such countries as Germany, Singapore, Japan, South Korea, and the US.
\nSuch massive investments are gushing into the country even as President Rodrigo Duterte steps up his caustic rhetoric against the US and other Western allies, as well as the United Nations. Duterte is said to be courting China for billions of dollars in infrastructure investments ahead of an official visit this year.
\nA bulk of the FDI reported was made in debt instruments, which grew 79.4 percent from USD232 million in July 2015 to USD417 million in July 2016. As with the equity capital category, reinvestment of earnings made a steep plunge of 19.5 percent to USD63 million.
\nRead next: How Duterte\u2019s federalism could diversify the Philippine property sector
\n
\nSource : property-report.com
\nRead more…Philippines FDI increase put down to positive investor sentiment<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Strong macroeconomic fundamentals in the country Makati, one of 17 cities that make up Metro...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-29495","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-7FJ","jetpack-related-posts":[{"id":21859,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-philippines-is-safe-from-brexit-for-now\/","url_meta":{"origin":29495,"position":0},"title":"The Philippines is safe from Brexit\u2014for now","date":"August 3, 2016","format":false,"excerpt":"\r Brexit may still have something in store for the seemingly impervious country Image credit: YouTube\/Google Images (Flickr) While the UK referendum to rescind its European Union membership has roiled many markets, it is a another story altogether for the Philippines. 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