• 3,000 firms
  • Independent
  • Trusted
Save up to 70% on staff

News » Foreign investment up 43.5% in first quarter

Foreign investment up 43.5% in first quarter

Bangko central ng pilipinas building

Foreign direct investments to the Philippines rose significantly in the first three months of the year on the back of a strong economy, according to the central bank. In a press statement, the Bangko Sentral ng Pilipinas said FDI totaled USD2.2 billion in net inflows for the first quarter of 2018, representing an increase of 43.5% from the USD1.5 billion recorded in the comparable period last year. The BSP said this reflects investors’ continued positive outlook on the Philippine economy on the back of its sound macroeconomic fundamentals and robust growth prospects. The Philippine economy accelerated to 6.8 percent in the first quarter, up from the revised 6.5 percent in the fourth quarter of last year. For the month of March 2018, FDI reached USD682 million, representing 27% growth from the USD537 million recorded in the same period last year. Equity capital infusions in March came mostly from Singapore, Hong Kong, Japan, the United States and Sweden.

 

Read more here.

Start your
journey today

  • Independent
  • Free
  • Transparent

About OA

Outsource Accelerator is the trusted source of independent information, advisory and expert implementation of Business Process Outsourcing (BPO)

The #1 outsourcing authority

Outsource Accelerator offers the world’s leading aggregator marketplace for outsourcing. It specifically provides the conduit between Philippines outsourcing suppliers and the businesses – clients – across the globe.

The Outsource Accelerator website has over 5,000 articles, 350+ podcast episodes, and a comprehensive directory with 900+ BPO companies… all designed to make it easier for clients to learn about – and engage with – outsourcing.

About Derek Gallimore

Derek Gallimore has been in business for 20 years, outsourcing for over eight years, and has been living in Manila (the heart of global outsourcing) since 2014. Derek is the founder and CEO of Outsource Accelerator, and is regarded as a leading expert on all things outsourcing.

“Excellent service for outsourcing advice and expertise for my business.”

Learn more
Banner Image
Get 3 Free Quotes Verified Outsourcing Suppliers
3,000 firms.Just 2 minutes to complete.
SAVE UP TO
70% ON STAFF COSTS
Learn more

Connect with over 3,000 outsourcing services providers.

Banner Image

Transform your business with skilled offshore talent.

  • 3,000 firms
  • Simple
  • Transparent
Banner Image