Philippines sees 35% jump in FDI net inflows in June

By Katherine K. Chan, Reporter 

Foreign direct investment (FDI) net inflows to the Philippines jumped by 35% year on year in June, even as they fell to a two-month low, central bank data showed.

Preliminary data from the Bangko Sentral ng Pilipinas (BSP) released on Thursday showed FDI net inflows climbed by 35.1% to $447 million in June from revised $331 million in the same month last year.

This was the second month in a row that FDI net inflows posted annual growth.

Month on month, it declined by 29.9% from the revised $638-million inflows in May.

June saw the lowest FDI net inflows in two months or since the $264 billion in April.

In the first half of the year, FDI net inflows stood at $3.382 billion, dropping by 17.8% from the revised $4.116 billion a year ago.

“Foreign direct investment net inflows fell in the first half of 2026 compared to the same period last year,” the central bank said in a statement.

“The decline was driven by the decreases in both foreign net investments in debt instruments, which indicated lower intercompany borrowings, and reinvestment of earnings,” it added.

FDIs refer to cross-border investments in which a nonresident investor holds at least 10% equity in a resident enterprise. These may take the form of equity capital, reinvestment of earnings and intercompany borrowings.

For 2026, the central bank sees FDI net inflows sliding to $7 billion from the estimated $7.8 billion last year.