Investments maintain slump in Nov
Foreigners aren’t too keen on investing in late 2018.
Foreign direct investments (FDI) stood slumped in November, scraping just $531 million in net inflows versus the $982 million tally a year ago.
Appetite for both equity and debt investments dropped significantly. Equity inflows dropped by 31.9 percent to $137 million, while debt was slashed by half to just $333 million.
This also brought the January-November 2018 tally to $9.1 billion, already 3.2 percent lower than the $9.4-billion back in 2017.