South East Asia seen to attract more FDI inflows

Louella Desiderio (The Philippine Star) – June 22, 2021 – 12:00am MANILA, Philippines — Foreign direct investments (FDI) flowing into Southeast Asia are expected to increase this year, a turnaround from the 25 percent drop last year, the United Nations Conference on Trade and Development (UNCTAD) said. “In Southeast Asia, FDI is likely to increase, but much will depend on how the countries in the region are able to contain the new wave of the pandemic unfolding in 2021,” the UNCTAD said in its World Investment Report released yesterday. Last year, FDI flows to Southeast Asia, which serves as a...