The Philippines registered $283.69 million in net outflows of foreign portfolio investments, or hot money, in January 2025.
Data from the Bangko Sentral ng Pilipinas (BSP) showed this was lower than the $487.37-million net withdrawals registered in December 2024.
The BSP said the $1.31 billion gross inflows or registered investments in January were higher by $263.56 million, or 25 percent, than the $1.05 billion recorded in December 2024.
It said of these investments, 67.9 percent ($896.09 million) were in peso government securities, while 32.1 percent ($422.93 million) were in PSE-listed securities.
The majority of investments in PSE-listed securities were made in banks, transportation services, property, holding firms, and the food, beverage and tobacco sectors.
The primary sources of these investments were the United Kingdom, Singapore, the United States, Ireland and Luxembourg, which collectively accounted for 89.0 percent of the total.
Gross outflows amounted to $1.60 billion in January 2025, an increase of 3.9 percent from $1.54 billion recorded in December 2024.
The BSP said that on a year-on-year basis, registered investments in January were higher than the $1.23 billion recorded in January 2024 by 6.8 percent.
Gross outflows also increased by 22.2 percent from $1.31 billion in January 2024.
