FDIs hit 5-month high of $820M in July

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Hefty lending between multinational firms and their Philippine subsidiaries lifted foreign direct investments (FDIs) to their highest level in five months in July, putting the cumulative flows of job-generating capital halfway through the projection of the Bangko Sentral ng Pilipinas (BSP) for the whole of 2024. In a report on Thursday, the BSP said FDIs

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