Foreign direct investment (FDI) net inflows reached $529 million in February, lower by 61.9 percent than the $1.4 billion net inflows posted in same period last year, the Bangko Sentral ng Pilipinas (BSP) said Monday.

This decrease was primarily attributed to base effects.

The decline in FDI net inflows reflected the 85.9 percent contraction in non-residents’ net investments in equity capital (other than reinvestment of earnings) to $108 million from $764 million in February 2024.

Similarly, non-residents’ net investments in debt instruments and their reinvestment of earnings declined by 35.4 percent to $348 million from $540 million and 13.1 percent to $73 million from $84 million, respectively.

The bulk of the equity capital placements in February 2025 came from Japan, the United States, Ireland, and Malaysia.

These investments were largely directed towards the manufacturing, financial and insurance, real estate, and information and communication industries.

The year-to-date FDI net inflows amounted to $1.3 billion, lower by 45.2 percent than the $2.3 billion net inflows recorded in January-February 2024. Bangko Sentral ng Pilipinas