NET foreign direct investments (FDI) remained positive in September but were markedly lower compared to a year ago, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday.

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“Investors often prefer safe-haven assets in advanced economies under these conditions,” he explained, adding that heightened geopolitical tensions and economic uncertainties may have also further dampened investor confidence globally.

Net FDI hits over 4-year low of $368M in Sept, BSP reports