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
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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