Net foreign portfolio investments grew 120 percent year-on-year to $1.2 billion as of Jan. 25, 2013, data from the Bangko Sentral ng Pilipinas (BSP) showed over the weekend.
For nearly the same period last year (Jan. 1 to 27, 2012), net foreign portfolio investments in the country amounted to $541.59 million.
The actual total amount for January is expected to be higher as the present numbers do not include the last four days of the month (Jan. 20 to 31).
Foreign portfolio investments are investments made by foreign investors in a country’s stock market, government securities and money market.
Inflows increased 119 percent to $2.369 billion, but total outflows also grew by 118 percent to $1.178 billion.
The January figure was also a 460-percent improvement from the previous month, with net foreign portfolio investments in December 2012 reaching only $212.65 million. Inflows grew 36 percent from $1.739 billion while outflows dropped by 23 percent from $1.527 billion.
Total registered investments amounted to $18.5 billion in 2012, 12 percent higher from the year before, as the Philippines’ macroeconomic fundamentals caused investor confidence to grow. Investors from the UK, the US, Singapore, Hong Kong and Luxembourg were the main source of foreign investment funds. — BM, GMA News
Nov 16 – International Day for Tolerance
“No more toleration of corruption!”
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
#Report Corruption #SearchPosts #TakePicturesVideos
November
Nov 2 – Intl Day to End Impunity for
Crimes Against Journalists
Nov 9 – World Science Day for Peace
and Development
Nov 16 – International Day for Tolerance
Nov 19 – World Toilet Day
Nov 20 – World Children’s Day
Nov 25 – Intl Day for the Elimination of
Violence Against Women
Monthly Observances:
Homes Safety Month
Filipino Values Month
National Rice Awareness Month
National Consciousness Month
for Punctuality and Civility
Environmental Awareness Month
National Children’s Month
Organic Agriculture Month
Weekly Observances:
Nov 19-25: Global Warming and
Climate Change Consciousness Week
Nov 23-29: National Girls’ Week
Population and Development Week
Nov 25 – Dec 12: Social Welfare Week
18-Day Campaign to End
Violence against Women
Week 2: Week 3: Drug Abuse Prevention
and Control Week
Last Week: Safety and Accident
Prevention Week
Daily Observances:
Last Saturday: Career Executive Service
Day
Nov 19: National Child Health Day
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