By: Daxim L. Lucas, Inquirer Business, 17 Oct 2019
The net outflow of short term investments from the Philippines was halved in September compared to the same period last year, but the total exodus so far of foreign portfolio investments continued to rise, according to data form the central bank.
The Bangko Sentral ng Pilipinas (BSP) said net outflow of $232 million was recorded in September as a result of the $1.5 billion outflow which more than offset the $1.3 billion inflow for the month. This figure is an improvement from the net outflow of $392 million recorded in August 2019.
From the start of 2019 to the first week of October, $1.33 billion in net outflow was recorded by the central bank compared to $74.6 million in net inflow in the same period in 2018.
In September 2019 alone, the $1.3 billion registered investments reflected a 7.2 percent increase from the $1.2 billion figure in August. /TSB
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
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
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
June 6: Migrant Workers Day
June 19: Filipino Youth Day
June 25: Day of the Filipino Seafarer
