MANILA, Dec. 10 (Xinhua) -- Net foreign direct investment (FDI) into the Philippines declined to 320 million U.S. dollars in September, the Philippine central bank said on Wednesday.

Japan was the top source of FDIs, while manufacturing was the biggest recipient during the month, according to the Bangko Sentral ng Pilipinas (BSP).

On a cumulative basis, the BSP said the FDI net inflows dropped to 5.5 billion dollars from January to September this year.

For the first three quarters of 2025, equity capital placements were sourced primarily from Japan, the United States, and Singapore. The industries that received the most of these investments were manufacturing, wholesale and retail trade, and real estate.

FDI net inflows in the first three quarters of 2025 were equivalent to 1.6 percent of the country's gross domestic product during the period. ■