FDI net inflows at $611M in March — BSP data

Net inflows of foreign direct investments (FDIs) into the Philippines declined in March from the previous month but remained higher than in the same period last year, data released by the Bangko Sentral ng Pilipinas (BSP) on Wednesday showed.

FDI net inflows stood at $611 million in March, down from $638 million in February, but higher than the $485 million in March 2025.

FDI data cover investments by foreign investors in Philippine companies in which they own at least a 10% stake, including funds from overseas affiliates to their Philippine parent firms.

Net equity capital rose to $166 million from $101 million in February and $102 million a year ago, while reinvestment of earnings increased to $78 million from $75 million the previous month and $62 million last year.

Equity capital placements came mostly from Japan, the United States, and Singapore, and were channeled largely into the manufacturing, financial and insurance, and real estate industries.

Net debt instruments for the month stood at $368 million, down from $461 million in February, but higher than the $321 million last year.

This brought the first-quarter FDI net inflows to $1.717 billion, lower than the $2.068 billion last year.

The BSP expects FDI net inflows to hit $7.5 billion this year, lower than the $7.8 billion recorded in 2025, due to global uncertainties. — RSJ, GMA News