MANILA, Feb. 12 -- The net inflow of foreign direct investments (FDIs) went up by 27.8 percent in November last year.

Data released by the Bangko Sentral ng Pilipinas (BSP) on Monday showed that FDI net inflows during the month amounted to USD1 billion, higher than the USD800 million net inflows recorded in November 2022.

"This improvement was due mainly to the 57.8 percent expansion in nonresidents' net investments in debt instruments to USD897 million from USD568 million a year ago," the central bank said.

Top sources of FDIs during the month were Japan and the United States.

These were channeled primarily to manufacturing, real estate, and construction industries.

In the first eleven months of 2023, FDI net inflows reached USD7.6 ...