Page 4 - கம்போடியன் அமைச்சகம் ஆஃப் கலாச்சாரம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tuesday, January 05, 2021 16:09 People with face masks on to avoid COVID-19 infection in Manila, the Philippines, on March 20, 2021 (Photo: Xinhua/VNA) Hanoi (VNA) – Foreign direct investment (FDI) poured into the Philippines in January grew 41.5 percent year on year to 961 million USD, according to the country’s central bank BSP said the FDI increase reflects investors optimism at the start of the year driven by the gradual reopening of the economy under the “new normal” condition, the easing of lockdown measures, and positive news about the rollout of COVID-19 vaccines. Due to the COVID-19 pandemic’s impact, the Philippine economy contracted 9.5 percent in 2020.

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