Foreign portfolio investments are also called hot or speculative money because of their flighty nature. Data showed net inflows were noted for PSE-listed securities with $175 million, peso government securities with $162 million, and other peso debt instruments with $3 million. For February alone, the Philippines tallied a net inflow of $339.57 million, reversing the net outflow of $528.53 million in the same month last year. The figure, however, was lower than the $762.82 million net inflow registered in January. For this year, the BSP sees a net outflow of $200 million for foreign portfolio investments.

Source: Philippine Star March 15, 2019 16:01 UTC