Arab Today, arab today \hot money\ inflows to philippines hit record 127bn
Last Updated : GMT 22:02:29
Arab Today, arab today
Arab Today, arab today

\'Hot money\' inflows to Philippines hit record $1.27bn

Arab Today, arab today

Arab Today, arab today \'Hot money\' inflows to Philippines hit record $1.27bn

Manila - XINHUA

Foreign portfolio inflows to the Philippines surged to a 26-month high of 1.27 billion U.S. dollars in January, as strong domestic growth attracted investors. According to data issued Thursday by the central bank, the net inflow of portfolio investments in January more than doubled last year\'s 586.01 million U.S. dollars, and was the highest since November 2010. In a statement, monetary officials attributed the January performance to positive investor reaction to the Philippines\' 6.6- percent economic growth in 2012, the second fastest in Asia, next only to China. Foreign portfolio placements were also driven by reactions to revised growth projections by the International Monetary Fund. Gross inflows amounted to 2.81 billion U.S. dollars, while gross outflows reached 1.54 billion U.S. dollars. Portfolio investments, better known as \"hot money\", are usually placed on the bond and stock markets. For January, 65.3 percent of investments entered the country\'s bourse, while 33.6 percent went to government securities.Portfolio inflows were mainly channeled to PSE-listed shares. Investments were mainly sourced from Singapore, the United States, the United Kingdom, Luxembourg and Hong Kong. Outflows, meanwhile, went to the United States.  

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today \hot money\ inflows to philippines hit record 127bn Arab Today, arab today \hot money\ inflows to philippines hit record 127bn

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today 5 Crafty Must-Have Limited-Budget Ideas

GMT 17:03 2017 Saturday ,25 March

5 Crafty Must-Have Limited-Budget Ideas
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Actress Mervat Amin reveals her role in new series
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 06:04 2017 Thursday ,23 March

Haifa Wahby bets on her new drama show

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 13:26 2017 Friday ,24 February

Expresses Algerian history by woody figures

GMT 20:03 2017 Saturday ,25 March

Health expert warns from dust sensitivity

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday