The Manila Times

$24M net hot

- HOT MONEY MAYVELIN U. CARABALLO

- - may be attributed to continued uncertaint­ies arising from domestic and internatio­nal de States air strike against Syria, global terrorist attacks, the and the closure order for several mining companies in the

securities listed on the Philippine Stock Exchange, mainly in companies, food, beverage and - placed in other peso debt instru

“Transactio­ns in PSE- listed -

- ed States, Singapore, Malaysia five investor- countries in the to be the main destinatio­n of

Foreign portfolio investment is also called hot money because investment does not necessaril­y build factories and buy capital

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