Live Breaking News & Updates on Cbc 39s Ricafort Said The Recent Foreign Trips Of President Ferdinandr Marcos Jr

File photo MANILA - Net foreign direct investments (FDIs) in November 2022 stood at USD793 million, the Bangko Sentral ng Pilipinas (BSP) reported Friday. The central bank said net FDI inflows last November declined by 43.6 percent from USD1.4 billion net inflows in the same month in 2021. "This resulted from the drop in non-residents' net investments in debt instruments and reinvestment of earnings. Meanwhile, net placements of equity capital rose year-on-year for the third consecutive month," the BSP said in a statement. Rizal Commercial Banking Corp. (RCBC) economist Michael Ricafort said the drop in net inflows may be attributed to higher base effects in November 2021, when appetite for investments went back after the onset of the pandemic in 2020. "The slowdown in the net FDI data may also have to do with higher short-term interest rates and the peak in long-term interest rates in the United States/globally/locally around October-November 2022," Ricafort sa ....

San Carlos , Negros Occidental , United States , Ferdinandr Marcos Jr , Michael Ricafort , Bangko Sentral , Rizal Commercial Banking Corp , Commercial Banking , President Ferdinand , File Photo Manila Net Foreign Direct Investments Fdis In November 2022 Stood At Usd793 Million , He Bangko Sentral Ng Pilipinas Bsp Reported Friday The Central Bank Said Net Fdi Inflows Last November Declined By 43 6 Percent From Usd1 4 Billion In Same Month 2021 Quot This Resulted Drop Non Residents 39 Investments Debt Instruments And Reinvestment Of Earnings Meanwhile , Et Placements Of Equity Capital Rose Year On For The Third Consecutive Month , Uot The Bsp Said Ina Statement Rizal Commercial Banking Corp Rcbc Economist Michael Ricafort Drop In Net Inflows May Be Attributed To Higher Base Effects November 2021 , Hen Appetite For Investments Went Back After The Onset Of Pandemic In 2020 Quot Slowdown Net Fdi Data May Also Have To Do With Higher Short Term Interest Rates And Peak Long United States Globally Locally Around October November 2022 , Uot Ricafort Said , Dding These Developments Increased Borrowing Costs He Added The Possible Recession In Us Also Dragged Investment Activities At Latter Part Of 2022 Further , He Bsp Reported That Top Sources Of Equity Capital Placements In November 2022 Include Japan , Ingapore And The Us Top Sectors With Equity Capital Placements For Month Include Manufacturing , Information And Communication , Nd Real Estate Industries Quot The Year To Date Fdi Net Inflows Likewise Declined By 13 4 Percent Usd8 Billion From Usd9 7 Recorded In First Eleven Months Of 2021 Component , On Residents 39 Net Investments In Debt Instrument And Reinvestment Of Earnings Declined While Their Placements Equity Capital Increased During The Period , Uot The Central Bank Said Meanwhile , Cbc 39s Ricafort Said The Recent Foreign Trips Of President Ferdinandr Marcos Jr , Ncluding His Five Day Official Working Visit To Japan This Week , Osed Positive Prospects For The Country 39s Fdi Inflows In Future Quot Investment Commitments , Specially If Realized Monetized ,