In April 2025, net foreign direct investment (FDI) in the Philippines increased by 7.1% compared to the previous year, reaching a three-month peak of USD 0.6 billion. This rise in net inflows was primarily propelled by a substantial 24.3% growth in debt instruments and a 3.3% uptick in reinvestment earnings. Conversely, equity capital experienced a notable decline of 94.1%. Significant equity capital investments for that month predominantly originated from Japan (32%), the United States (18%), Singapore (13%), South Korea (13%), and Taiwan (9%). These investments were primarily channeled into the manufacturing sector (47%), real estate (16%), and the financial and insurance sectors (16%). Over the first four months of the year, net FDI inflows amounted to USD 2.4 billion, marking a decrease compared to the same period in the preceding year.