In April of this year, the Philippines recorded a net inflow of foreign portfolio investments of $210 million, an increase of 176% compared to the $76 million net inflow in March. Foreign portfolio investments rose significantly, with a substantial amount of $728 million flowing into the Philippine Stock Exchange, while inflows into peso time deposits and government securities reached $395 million.
On the other hand, 98% of the outflows in April originated from peso time deposits, amounting to $848 million. In the first four months of this year, the total net inflow of foreign portfolio investments in the Philippines reached $595 million, with total inflows of $2.78 billion and total outflows of $2.18 billion.
The Bangko Sentral ng Pilipinas stated that the majority of investments, approximately $2.015 billion, were directed toward the Philippine Stock Exchange, $419 million was used to purchase government bonds, and $345 million was placed in peso time deposits. Most of these investments originated from the United States, the United Kingdom, Malaysia, Singapore, and Luxembourg.
