Manila, Feb. 10 -- Net inflows of foreign direct investments (FDI) went up by 4.4 percent from January to November 2024, Bangko Sentral ng Pilipinas (BSP) data showed.

Data released on Monday showed that FDI net inflows during the period reached USD8.6 billion, up from the USD8.2 billion net inflows recorded from January to November 2023.

FDIs include investment by a non-resident direct investor in a resident enterprise, whose equity capital in the latter is at least 10 percent, and investment made by a non-resident subsidiary or associate in its resident direct investor.

It can be in the form of equity capital, reinvestment of earnings, and borrowings.

The BSP said top sources of FDIs during the period include Japan, United Kingdom, ...