$279-M NET FOREIGN PORTFOLIO IN-FLOWS

UMABOT ang foreign portfolio investment noong Abril sa $1.4 billion, mas mataas ng  4.2 porsiyento sa $1.3 billion na naitala noong nakaraang taon, ayon sa Bangko Sentral ng Pilipinas (BSP).

Ang total transactions para sa buwan ay nagbunga ng net inflows na $279 million,  mas mataas sa $51 million na naiposte sa kaparehong panahon noong 2017.

“About 82.2 percent of investments registered during the month were in Philippine Stock Exchange-listed securities (pertaining mainly to banks, holding firms, property companies, food, beverage and tobacco firms, and retail companies), while the balance went to peso government securities,” pahayag ng BSP.

Ang United Kingdom, United States, Hong Kong, Singapore at  Luxembourg ang top five investor countries, na may pinag-samang 76.6 percent.

Ang outflows para sa Abril ay nasa $1.1 billion, mas mababa ng 18.0 percent at 13.6 percent, ayon sa pagkakasunod, kumpara sa naitala noong Marso  2018 na $1.34 billion at Abril 2017 na $1.27 billion.

“The US continued to be the main destination of outflows, receiving 74.5 percent of total remittances,” pahayag ng central bank.

Ang registration ng  inward foreign investments sa BSP ay optional sa ilalim ng liberalized rules sa foreign exchange transactions.

“The issuance of a BSP registration document entitles the investor or his representative to buy foreign exchange from authorized agent banks and their subsidiary or affiliate foreign exchange corporations for repatriation of capital and remittance of earnings that accrue on the registered investment.”

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