Foreign direct investments (FDI) reached US$587 million in January 2016, more than double its year-ago level of US$263 million. This developed as all FDI components recorded increases, signaling investor optimism in the growth potential of various local industries, as well as confidence in the country’s sound macroeconomic fundamentals. In particular, net equity capital inflows rose ten times to US$257 million, contributing the largest to the FDI growth during the period. This was on account of […]