Foreign direct investments slump in September

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MANILA, Philippines — Foreign direct investments (FDI) in the Philippines declined in September amid socio-economic and political concerns at home and abroad that weighed down on investor sentiment. Latest data from the Bangko Sentral ng Pilipinas showed that FDI inflows outpaced outflows by $320 million. This net inflow figure, however, was nearly 26 percent lower than
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