Transactions on foreign investments registered with the Bangko Sentral ng Pilipinas (BSP), through AABs (authorized agent banks), in August recorded net inflows of $153 million resulting from the $1.4 billion gross inflows and the gross outflows of $1.3 billion for the month.

The recorded net inflows are smaller compared to the net inflows posted in July amounting to $962 million.

The $1.4 billion registered investments for the month are lower by $136 million (or by 8.6 percent) compared to the $1.6 billion recorded in July.

Majority of registered investments were in PSE-listed securities ($1.1 billion or 74.2 percent) [most of which were investments made in: (a) banks; (b) property; (c) holding firms; (d) food, beverage and tobacco; and (e) transportation services], while the remaining were in Peso government securities ($372 million or 25.8 percent) and in other instruments [less than one percent].

Investments for the month mostly came from Japan, the United Kingdom, United States, Luxembourg; and Singapore with combined share to total at 88.9 percent.

The $1.3 billion gross outflows for the month were higher by $673 million (or by 109.5 percent) compared to the gross outflows recorded for July ($614 million). The US remains to be the top destination of outflows, receiving $762 million (or 59.2 percent) of total outward remittances.

Year-on-year, registered investments in August are higher than the $792 million recorded in August 2022 (by $649 million or 82.0 percent), while gross outflows increased by $409 million (or by 46.6 percent) vis-a-vis the gross outflows posted in August 2022 ($878 million).

The $153 million net inflows in August were a reversal from the $86 million net outflows recorded for the same period a year ago.

Year-to-date transactions (January 1 to August 31) for foreign investments registered with the BSP, through AABs, yielded net inflows of $311 million which is smaller compared to the $589 million net inflows noted for the same period last year (January 1 to August 31). BSP