Foreign Portfolio Investments Reach $740M in February

Transactions during February 2011 resulted in a net inflow of $534 million, nearly thrice the $193 million net inflow in January due to lower outflows ($935 million in February 2011 against $1.3 billion in January 2011), according to the Bangko Sentral ng Pilipinas (BSP). The net inflow also represented almost four times the $139 million recorded a year ago due to more registered investments this year, $1.5 billion compared to…
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Tags:Bangko Sentral ng Pilipinas , bank , BSP , foreign investments , government securities , GS , Holding Firms , Hong Kong , investments , Luxembourg , Peso-denominated government securities , PH , Philippine Stock Exchange , Philippines , property , PSE , Singapore , stocks , telecommunications , UK , United Kingdom , United States , US , utility
Ayala 2010 Net Income Up 37%

Ayala Corp. (PSE: AC) has reported net income of PhP11.2 billion in 2010, up 37% YoY. Its real estate, banking, water, and auto business all posted record earnings during the year, which cushioned lower earnings of its telecom and electronics manufacturing units. Earnings were boosted by a PhP3.6 billion net gain due to the revaluation of the company’s stake in Manila Water Company Inc. (PSE: MWC) following its purchase of an…
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Tags:AC , automotive , Ayala , Bank of the Philippine Islands , BPI , bpo , business process outsourcing , GLO , Globe Telecom , Honda , India , Isuzu , Livelt , Macau , Manila Water , MWC , PSE , real estate , telecom , Thailand , United States , US , water
PH External Trade Reached $97B in Jan-Nov 2010

Total external trade in goods for January to November 2010 reached $97.002 billion, a 30.6% increment from $74.27 billion registered during the same period in 2009. Total imports posted a 27.1% annual increase to $49.772 billion from $39.155 billion. Similarly, an increase of 34.5% for merchandise exports was noted to $47.230 billion in January to November of 2010 from $35.115 billion during the same period in 2009. Thus, the balance…
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