Bangko Sentral ng Pilipinas

MANILA, Philippines — Foreign direct investment (FDI) flowing into the Philippines fell to its lowest level in more than a decade in May, underscoring growing investor unease as the economy faces mounting headwinds at home and abroad.

Net FDI inflow totaled $210 million in May, according to data released by the Bangko Sentral ng Pilipinas (BSP), as inflows continued to outpace withdrawals. Even so, the figure was 64.7-percent lower than a year earlier and marked the smallest monthly net inflow since March 2015, when the country recorded $200 million in net FDI.

READ: Net FDI inflow plunged to 10-year low in April

Article continues after this advertisement