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
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
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
September –
5 Sept – Intl Day of Charity
7 Sept – Intl Day of Clean Air for Blue Skies
8 Sept – International Literacy Day
12 Sept – United Nations Day for South-South Cooperation
15 Sept – International Day of Democracy
16 Sept – International Day for the Preservation of the Ozone Layer
17 Sept – World Patient Safety Day
18 Sept – International Equal Pay Day
21 Sept – International Day of Peace
26 Sept – International Day for the Total Elimination of Nuclear Weapons
27 Sept – World Tourism Day
28 Sept – International Day for Universal Access to Information
29 Sept – International Day of Awareness of Food Loss and Waste
30 Sept – World Maritime Day
Monthly Observances:
Health, Safety and Sanitation Month
National Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 4)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: National Family Week
Daily Observances:
Third Saturday:
International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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