The Central Bank of the Philippines published foreign direct investment (FDI) statistics showing net inflows of USD 443 million in January 2026, lower than in January 2025. The release notes that rising geopolitical risks appear to be weighing on investor sentiment. Japan was the leading source of FDIs, with most inflows directed to manufacturing. Equity capital placements came mainly from Japan, the United States, and South Korea and were channeled largely into manufacturing, real estate, and wholesale and retail trade. The central bank also reiterated that its FDI statistics are compiled under the Balance of Payments and International Investment Position Manual, Sixth Edition (BPM6), use a 10 percent ownership threshold, and are presented in net terms, and that they are not directly comparable with Philippine Statistics Authority figures on approved foreign investment commitments.
Central Bank of the Philippines 2026-04-10
Central Bank of the Philippines reports January 2026 net FDI inflows of USD 443 million down from a year earlier
The Central Bank of the Philippines reported net FDI inflows of USD 443 million in January 2026, down from a year earlier, citing rising geopolitical risks. Japan was the leading source, with inflows mainly into manufacturing, while equity from Japan, the United States, and South Korea also went to real estate and wholesale and retail trade. The bank said its FDI data follow the Balance of Payments and International Investment Position Manual, Sixth Edition, use a 10 percent ownership threshold, are in net terms, and are not directly comparable with Philippine Statistics Authority figures.