News Formal

Full-year investment flows in PH still in the red even after push from IT firm’s IPO

  • 📰 inquirerdotnet
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 86%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

So-called hot money investments in the Philippines yielded net inflows of $439 million in October after seven straight months of net outflows that started in March, according to BSP. | daxINQ

The $1.4 billion registered investments for October is 127.8 percent higher than the $594 million recorded in September, an increment of $759 million.

Outflows for October of $913 million were lower compared to the level recorded for September—$1.1 billion—by 16 percent or by $174 million.Foreign portfolio investment transactions from January to October 2020 yielded net outflows of $3.9 billion resulting from the $12.9 billion gross outflows and $9 billion gross inflows for the period.The BSP said it was higher than the $1.2 billion in net outflows recorded in the same period in 2019.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Food maker Monde eyes P72.45B IPO, biggest debut in PH stock marketFood manufacturer Monde Nissin Corp. is seeking regulatory approval to sell as much as P72.45 billion worth of shares through an initial public offering, potentially the largest stock market debut in the country. | philbizwatcher Philbizwatcher jroa2011 kani pwede pud mi mka invest?
Source: inquirerdotnet - 🏆 3. / 86 Read more »