The Central Bank of the Philippines published balance of payments-based data showing foreign direct investment (FDI) net inflows of USD 897 million in November 2025, led by South Korea, with most inflows directed to the manufacturing industry. Cumulative FDI net inflows for January to November 2025 reached USD 7.1 billion. Over the first eleven months of 2025, equity capital placements were sourced mainly from Japan, the United States, Singapore, and South Korea, and were channeled largely into manufacturing, wholesale and retail trade, and real estate. The central bank noted its FDI statistics follow the Balance of Payments and International Investment Position Manual, 6th Edition (BPM6), use a minimum 10 percent ownership criterion, and are presented in net terms, differing from Philippine Statistics Authority figures based on approved investment commitments that may not be realized and do not account for equity withdrawals.