By Katherine K. Chan, Reporter
THE PHILIPPINES saw over $300 million in short-term foreign investments exit the country in August amid lingering global uncertainty and tighter local economic conditions, preliminary central bank data showed.
Transactions on foreign investments registered with the Bangko Sentral ng Pilipinas (BSP) through authorized agent banks yielded a net outflow of $315.41 million in August, according to data posted on its website.
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