FDI into the Philippines Down 0.3% in November
2026-02-12 01:36
By
Jereli Escobar
1 min. read
Net direct investment (FDI) in the Philippines fell 0.3% year-on-year to USD 0.9 billion in November 2025.
This marked the highest level since July, but remained lower than the level recorded in November 2024, as net inflows decreased in reinvestment of earnings (-13.5%), and debt instruments (-10.1%).
Meanwhile, the decline was tempered by a significant increase in equity capital (248.6%).
During the month, South Korea was the leading source of FDI, with most inflows directed to the manufacturing industry.
For the first eleven months of 2025, equity capital placements mainly originated from Japan, the United States, Singapore, and South Korea, with investments largely directed toward manufacturing, wholesale, and retail trade, and real estate.
On a cumulative basis, net FDI reached USD 7.1 billion, lower by 22.1% from the USD 9.1 billion recorded over the same period last year.