Hot money flows decreased 88.36% y/y to USD 17.86mn during September 1-16.

By bne IntelliNews October 3, 2011
Philippines hot money flows decreased 88.36% y/y to USD 17.86mn during the first sixteen days of September this year, as compared to USD 153.50mn registered during the same period last year. As reported by The Manila Times, the increase in the hot money flows have been attributed to the investments in fixed-income peso government securities. The top five investors have been the United States, the United Kingdom, Singapore, Luxembourg and Hong Kong, which contributed 91.3% of total registered investments during the period.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by News.gov.hk, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss