FDIs hit four-month high in November 2025

Investment inflows into the Philippines grew to a four-month high in November 2025 on the back of higher equity capital placements and more positions in debt instruments, data released by the Bangko Sentral ng Pilipinas (BSP) on Tuesday showed.

Foreign direct investments (FDIs) posted an $897-million net inflow in November, the highest since the $1.271 billion in July. This compares with the $642 million in October, but lower than the $900 million the same month in 2024.

Central bank data includes investments by nonresident direct investors in a Philippine enterprise, where the equity capital is at least 10%. It also includes investments made by nonresident subsidiaries or associates in its resident direct investor.

Equity capital placements for the month increased to $122 million from $117 million the previous month, while reinvestment of earnings declined to $64 million from $88 million. Net debt instruments grew to $711 million from $437 million.

“South Korea was the leading source of FDIs, with most inflows directed to the manufacturing industry during the month,” the BSP said in an accompanying statement.

This brought the year-to-date FDI net inflows to $7.077 billion, lower than the $9.084 billion the same period in 2024.

Cumulative equity capital placements fell to $1.144 billion from $1.491 billion, sourced primarily from Japan, the United States, Singapore, and South Korea. These were channeled largely into the manufacturing, wholesale and retail trade, and real estate industries.

Year-to-date reinvestment of earnings increased to $1.152 billion from $1.085 billion, while net debt instruments declined to $4.780 billion from $6.735 billion.—AOL, GMA Integrated News