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
May –
Anti-Graft and Corruption Awareness Month
“Corruption drains the nation
and victimizes workers who build the nation.
Accountability now!”
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
May 1 – Labor Day
May 2 – World Freedom Day
May 12 – World Communication Day
May 15 – International Day of Families
May 16 – International Day of Living
Together in Peace
May 21 – World Day for Cultural Diversity
for Dialogue and Development
Monthly Observances:
The Month of the Ocean
Anti-Graft and Corruption Awareness Month
Volunteerism Month
Weekly Observances:
Week 2: Safe Motherhood Week
Daily Observances:
May 1: Labor Day
May 7: Health Worker’s Day
May 31: National Fisherfolks Day
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