FOREIGN DIRECT INVESTMENT                                          
  (BOP Concept)                                            
  in million US dollars                                            
                                                       
                                                       
  Monthly Cumulative Year-on-Year Growth Rate  
  2007 p/ 2008 p/ Jan-May Year-to-Date  
  Item Jan Feb Mar Apr May Jan Feb Mar Apr May 2006 r/ 2007 2008 May 2007 2008  
                                                       
   
  Non-Resident Investments in the Phils. 115 1166 107 63 849 149 194 208 269 -95 819 2300 725 -111.2 180.8 -68.5  
   
  Equity capital -9 599 95 51 809 87 31 75 106 23 556 1545 322 -97.2 177.9 -79.2  
  Placements 59 609 99 55 813 120 64 100 127 50 634 1635 461 -93.8 157.9 -71.8  
  Withdrawals 68 10 4 4 4 33 33 25 21 27 78 90 139 575.0 15.4 54.4  
   
  Reinvested earnings, net 45 39 48 10 27 30 45 25 31 30 212 169 161 11.1 -20.3 -4.7  
   
  Other capital, net 79 528 -36 2 13 32 118 108 132 -148 51 586 242 -1238.5 1049.0 -58.7  
                                                       
   
  p/ Preliminary  
  r/ Revised to reflect: a) late reports; b) post audit adjustments; and c) final data from companies.