MANILA, Aug. 10 (Xinhua) -- Foreign direct investment (FDI) net inflows into the Philippines plunged to 210 million U.S. dollars in May 2026, the lowest monthly level in more than 11 years, the Philippine central bank said Monday.

The China-funded Binondo-Intramuros Bridge is under construction in Manila, the Philippines on March 3, 2022. (File photo: Xinhua)

The May figure represents a 64.7 percent contraction from May 2025, with the previous record low of 200.43 million dollars recorded in March 2015, according to the Bangko Sentral ng Pilipinas (BSP).

Total net inflows for the first five months of 2026 reached 2.18 billion dollars, down 33.4 percent from 3.27 billion dollars in the same period last year.

The BSP attributed the decline to lower foreign investments in debt instruments and reduced reinvestment of earnings.