Foreign Portfolio Investments Rise

Registered foreign portfolio investments (FPIs) in November 2021 yielded net inflows of US$110 million resulting from the US$1.3 billion gross inflows and US$1.2 billion gross outflows for the month.

Photo Insert: Most of the multinational companies raking in investments are headquartered in the central business districts.

This is a reversal from the net outflows of US$221 million recorded in October 2021, according to Bangko Sentral ng Pilipinas.

The US$1.3 billion registered investments for November 2021 reflected an increase of 35.3 percent (or by US$335 million) compared to the US$950 million recorded in October 2021.

The majority of investments registered (or 94.1 percent) were in PSE-listed securities (investments mainly in holding firms, information technology, food, beverage and tobacco, banks, and property) while the remaining 5.9 percent went to investments in Peso government securities.

The United Kingdom, United States (US), Luxembourg, Hong Kong, and Singapore were the top five (5) investor countries for the month with a combined share to total at 73.2 percent.

The US$1.175 billion gross outflows for the month were slightly higher by 0.4 percent (or by US$4 million) than the US$1.171 billion in October.

WEEKLY FEATURE : MVP Group Keeps Lights On During Pandemic