MANILA, Oct. 31 (Xinhua) -- The Philippines' foreign investments yielded net inflows of 1.025 billion U.S. dollars in September, 92.1 percent higher than in August, the Philippine central bank said Thursday.

The Bangko Sentral ng Pilipinas (BSP) said the net inflows of foreign investments in September resulted from the 2.53 billion dollars in gross inflows and 1.50 billion dollars in gross outflows.

The bank added that the month's registered investments are 84.7 percent higher than in August.

The BSP said 57.5 percent of registered investments in September were in peso government securities, with the remaining 42.5 percent in Philippine Stock Exchange-listed securities. The majority of investments for the month came from Britain, Singapore, the United States, Luxembourg, and Malaysia, with a combined share of 88.4 percent.

Year-on-year registered investments in September 2024 are 185.2 percent higher than the 887.61 million dollars recorded a year earlier, while gross outflows decreased by 5 percent compared to last year.

The BSP said the first nine months' transactions for foreign investments registered with the BSP yielded net inflows of 3.02 billion dollars, a marked improvement compared to the 387.24 million dollars in net outflows in the same period last year. Enditem

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