Transactions on foreign investments registered with the Bangko Sentral ng Pilipinas (BSP) posted net inflows of USD1.025 billion in September. The increase, the BSP said, arose from gross inflows of USD2.531 billion, offset by gross outflows of USD1.506 billion for the month. The net inflows represent a 92.1 percent rise, up USD491.82 million from USD533.95 million in August 2024.
The registered investments for September reflect an 84.7 percent increase compared to the previous month, rising by USD1.161 billion from USD1.370 billion in August. Notably, 57.5 percent of these investments were allocated to peso government securities (USD1.455 billion), while 42.5 percent went to PSE-listed securities (USD1.076 billion). The leading sectors for PSE-listed investments included banks, holding firms, property, transportation services, and food, beverage, and tobacco.
The primary sources of investments included the United Kingdom, Singapore, the United States, Luxembourg, and Malaysia, contributing 88.4 percent of the total inflows.
On the outflow side, the gross outflows of USD1.506 billion represented an 80 percent increase from USD836.78 million in August 2024. The United States remained the top destination, receiving USD769.93 million, or 51.1 percent of total outflows.
Year-on-year comparisons show that September 2024’s registered investments of USD2,531.83 million have surged by 185.2 percent, up USD1.644 billion from USD887.61 million in September 2023. Conversely, gross outflows for the month decreased by 5 percent, down USD79.55 million from USD1.585 billion in September 2023. The net inflows of USD1.025 billion mark a significant turnaround from the USD698.01 million net outflows recorded a year earlier.
For the year-to-date period from January to September 2024, net inflows totaled US$.023 billion, a substantial improvement compared to the USD387.24 million net outflows in the same timeframe last year.
Registration of inward foreign investments through authorized agent banks remains optional under BSP rules, providing investors with flexibility in repatriating capital and remitting earnings.
