BAGUIO CITY — Short-term foreign investments turned positive last year, the Bangko Sentral ng Pilipinas (BSP) reported late Friday, reversing to a net inflow of $2.1 billion from 2023's net outflow of $248.84 million.
BAGUIO CITY — Short-term foreign investments turned positive last year, the Bangko Sentral ng Pilipinas reported late Friday, reversing to a net inflow of $2.1 billion from 2023's net outflow of $248.84 million.Total outflows amounted to $15.83 billion, a 20.5-percent increase from the previous year's $13.13 billion, and inflows were also higher at $17.93 billion, or 39.2 percent, compared to the year-earlier $12.89 billion.
In December alone, BSP-registered foreign investments recorded a net outflow of $487.37 million, a reversal from $96.59 million net inflows posted in November 2024, following the $1.54 billion gross outflows and gross inflows of $1.06 billion for the month.A little over half again went to peso government securities and the remaining 48.3 percent were invested in PSE-listed securities , mostly banks, property, transportation services, holding firms, food and beverage, and tobacco.
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