The Central Bank of the Philippines published foreign direct investment (FDI) statistics showing net inflows of USD 320 million in September 2025, bringing cumulative net inflows to USD 5.5 billion in January–September 2025, equivalent to 1.6 percent of gross domestic product over the period. Japan was the top source of FDIs in September, while manufacturing was the largest recipient sector. Across the first three quarters of 2025, equity capital placements were sourced mainly from Japan, the United States, and Singapore, and flowed primarily to manufacturing, wholesale and retail trade, and real estate. The central bank noted its FDI series is compiled under the Balance of Payments and International Investment Position Manual, Sixth Edition, applies a 10 percent ownership criterion, and reports actual inflows on a net basis, which differs from other government sources that report approved investment commitments and do not net out equity withdrawals.