The Central Bank of the Philippines published balance of payments-based foreign direct investment (FDI) statistics showing net inflows of USD 560 million in December 2025 and cumulative net inflows of USD 7.8 billion for January to December 2025. Japan was the leading source of FDI in December, with most inflows directed to financial and insurance activities. For 2025, equity capital placements were sourced primarily from Japan, the United States, Singapore, and South Korea, and were channelled largely into manufacturing, wholesale and retail trade, and financial and insurance industries. The central bank noted that its FDI series follows the Balance of Payments and International Investment Position Manual, 6th Edition (BPM6), uses the 10 percent ownership criterion, covers actual inflows, and is presented net of withdrawals, which differs from approved foreign investment data published by the Philippine Statistics Authority that reflect investment commitments and do not net out withdrawals.