NOW HERE IS A PROPAGANDA PIECE WHERE THE HEADLINE IS THE OPPOSITE OF WHAT HAS ACTUALLY OCCURRED!! READ VERY CAREFULLY....THESE ARE THE IMPORTANT POINTS: In a statement, the Bangko Sentral ng Pilipinas (BSP) said foreign direct investments (FDI) declined by 18.5 percent to $180 million last December from the $221 million in the same month of 2012. In December alone, equity capital investments recorded a net outflow of $60 million, a reversal of the $210 net inflows in the same month a year ago. This came about as withdrawals of $96 million offset the placements of $36 million. Nice how they make it appear that money is pouring in, but the fact is it is HOT MONEY, actually just a parking spot for Offshore cash. Read this and look at where the money came from, and what is the real net investment. The gross equity capital placements -- which originated primarily from Mexico, Japan, the United States, British Virgin Islands, and Singapore -- reached $2.5 billion, more than offsetting the withdrawals of $1.8 billion last year.....so the actual figure was $700 Million. interaksyon/business/82394/job-creating-foreign-investments-in-2013-exceed-bsp-goal
Posted on: Thu, 13 Mar 2014 05:52:28 +0000
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