MANILA – The country enjoyed a near tripling of “hot money” inflows at the close of the third quarter, according to data released by the Bangko Sentral ng Pilipinas.
In a report, the BSP said net inflows of foreign portfolio investments hit $407 million in September, 5.2 percent higher than the previous month and 171.5 percent more than a year ago.
Gross investments reached $1.5 billion, up 20.4 percent from August and 8.9 percent from September last year. They came mostly from Hong Kong, the US, United Kingdom, France and Luxembourg. Gross outflows reached $1.1 billion, up 27.2 percent month-on-month.
Foreign money that flowed into the stock market was invested in food and beverage firms, telecom companies, property developers, banks and holding companies. Bulk of foreign money that stayed in the country in September was invested in stocks of listed Philippine companies and in government debt papers.
The BSP ascribed the increase in gross inflows to news of the European Central Bank’s plan to buy more bonds of distressed euro zone countries, Spain’s plan to trim its budget and the US Federal Reserve’s third round of quantitative easing. –InterAksyon.com
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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