Tag Archives: philippines foreign portfolio investment may 2017

Foreign Portfolio Investments Post $24.35-Million Net Outflow in May

Foreign portfolio investments posted a net outflow of $24.35 million in May, reversing April’s $51.39 million and the $72.81 million net inflows in the same period last year. This was attributed to investor reaction to weak first-quarter earnings of some corporations and lower-than-expected GDP. From January to May, the country already recorded a net outflow of $540.39 in hot money, a reversal of last year’s $129.07 million… Continue reading