The Central Bank of the Philippines published foreign direct investment statistics showing that net FDI inflows remained positive in June 2025 but fell year on year to USD 376 million from USD 457 million, with inflows led by Japan and directed mainly into manufacturing. The decline reflected a shift in nonresidents’ net investments in equity capital (excluding reinvestment of earnings) from USD 85 million in inflows to USD 57 million in outflows. This was partly offset by a 36.7% increase in reinvestment of earnings to USD 128 million and a 9.3% rise in nonresidents’ net investments in debt instruments to USD 305 million. Equity capital placements were sourced primarily from Japan, the United States, and South Korea, while the main recipient industries were manufacturing, real estate, and wholesale and retail trade; for January–June 2025, net FDI inflows decreased by 23.8% to USD 3.4 billion from USD 4.5 billion a year earlier.
Central Bank of the Philippines 2025-09-10
Central Bank of the Philippines reports June net FDI inflows down 17.8% to USD 376 million
The Central Bank of the Philippines reported a year-on-year decline in net foreign direct investment (FDI) inflows for June 2025, totaling USD 376 million, down from USD 457 million. The decrease was driven by a shift in nonresidents' net investments in equity capital, partially offset by increased reinvestment of earnings and investments in debt instruments. For the first half of 2025, net FDI inflows fell by 23.8% to USD 3.4 billion, with contributions from Japan, the United States, and South Korea, primarily in manufacturing, real estate, and trade sectors.