10	OTHER INVESTMENT
	in million U.S. dollars
							2008 p/				Q1				Growth Rate
		ITEM					Jan	Feb	Mar		2008		2007		2008	2007
	OTHER INVESTMENT						-99	-824	302		-621		-1039		40.2	-42.1
		ASSETS :  Residents' Investments Abroad					1661	-1509	-2463		-2311		643		-459.4	289.7
		Trade credits					1	-3	2		0		4		-100.0	-20.0
			General government				0	0	0		0		0		0.0	0.0
				Long-term			0	0	0		0		0		0.0	0.0
				Short-term			0	0	0		0		0		0.0	0.0
			Other sectors				1	-3	2		0		4		-100.0	-20.0
				Long-term							0		0		0.0	0.0
				Short-term			1	-3	2		0		4		-100.0	-20.0
		Loans					1176	-1214	-2180		-2218		209		-1161.2	-45.4
			Monetary authorities				0	0	0		0		0		0.0	0.0
				Long-term			0	0	0		0		0		0.0	0.0
				Short-term			0	0	0		0		0		0.0	0.0
			General government				0	0	0		0		0		0.0	0.0
				Long-term			0	0	0		0		0		0.0	0.0
				Short-term			0	0	0		0		0		0.0	0.0
			Banks				338	-153	-490		-305		533		-157.2	34.9
				Long-term			-252	12	206		-34		92		-137.0	155.6
				Short-term			590	-165	-696		-271		441		-161.5	22.8
			Other sectors				838	-1061	-1690		-1913		-324		-490.4	-2600.0
				Long-term			6	10	-657		-641		-267		-140.1	-186.1
				Short-term			832	-1071	-1033		-1272		-57		-2131.6	82.3
		Currency and deposits					478	-172	-532		-226		2730		-108.3	750.5
			Monetary  Authorities				0	0	0		0		0		0.0	0.0
			General  Government				0	0	0		0		0		0.0	0.0
			Banks				344	-185	-512		-353		2451		-114.4	354.7
			Other sectors				134	13	-20		127		279		-54.5	228.0
		Other  Assets					6	-120	247		133		-2300		105.8	-119.5
			Monetary authorities				0	0	0		0		0		0.0	0.0
				Long-term			0	0	0		0		0		0.0	0.0
				Short-term			0	0	0		0		0		0.0	0.0
			General government				0	0	0		0		0		0.0	0.0
				Long-term			0	0	0		0		0		0.0	0.0
				Short-term			0	0	0		0		0		0.0	0.0
			Banks				1	-123	259		137		-2298		106.0	-117.4
				Long-term							0		0		0.0	0.0
				Short-term			1	-123	259		137		-2298		106.0	-117.4
			Other sectors				5	3	-12		-4		-2		-100.0	-122.2
				Long-term			0	0	0		0		0		0.0	0.0
				Short-term			5	3	-12		-4		-2		-100.0	-122.2
		LIABILITIES : Non-residents' Investments					1562	-2333	-2161		-2932		-396		-640.4	63.0
			in the Philippines
		Trade credits					443	-385	-202		-144		18		-900.0	-95.9
			General government				0	0	0		0		0		0.0	0.0
				Long-term			0	0	0		0		0		0.0	0.0
					Drawings		0	0	0		0		0		0.0	0.0
					Repayments		0	0	0		0		0		0.0	0.0
				Short-term			0	0	0		0		0		0.0	0.0
			Other sectors				443	-385	-202		-144		18		-900.0	-95.9
				Long-term			-5	0	-1		-6		-57		89.5	-612.5
					Drawings		0	0	0		0		3		-100.0	-70.0
					Repayments		5	0	1		6		60		-90.0	233.3
				Short-term			448	-385	-201		-138		75		-284.0	-83.0
		Loans					698	-2036	-1178		-2516		-185		-1260.0	81.2
			Monetary authorities				0	0	0		0		-122		100.0	0.0
				Other long-term			0	0	0		0		-122		100.0	0.0
					Drawings		0	0	0		0		0		0.0	0.0
					Repayments		0	0	0		0		122		-100.0	0.0
			General government				-20	-92	-53		-165		672		-124.6	467.2
				Long-term			-20	-92	-53		-165		672		-124.6	467.2
					Drawings		28	63	72		163		1067		-84.7	447.2
					Repayments		48	155	125		328		395		-17.0	4.5
				Short-term			0	0	0		0		0		0.0	0.0
			Banks				117	-704	312		-275		-241		-14.1	65.8
				Long-term			0	0	-2		-2		148		-101.4	0.0
					Drawings		0	0	0		0		148		-100.0	0.0
					Repayments		0	0	-2		-2		0		0.0	0.0
				Short-term			117	-704	314		-273		-389		29.8	44.8
			Other sectors				601	-1240	-1437		-2076		-494		-320.2	-425.5
				Long-term			-204	-155	-64		-423		-212		-99.5	-25.4
					Drawings		6	36	199		241		193		24.9	-43.4
					Repayments		210	191	263		664		405		64.0	-20.6
				Short-term			805	-1085	-1373		-1653		-282		-486.2	-476.0
		Currency and deposits					358	96	-438		16		-172		109.3	65.7
			Monetary  Authorities				0	0	0		0		0		0.0	0.0
			General  Government				0	0	0		0		0		0.0	0.0
			Banks				354	86	-320		120		-22		645.5	84.8
			Other sectors				4	10	-118		-104		-150		30.7	58.0
		Other  Liabilities					63	-8	-343		-288		-57		-405.3	-185.0
			Monetary  Authorities				0	0	0		0		0		0.0	0.0
				Long-term			0	0	0		0		0		0.0	0.0
				Short-term			0	0	0		0		0		0.0	0.0
			General  Government				0	0	0		0		0		0.0	0.0
				Long-term			0	0	0		0		0		0.0	0.0
				Short-term			0	0	0		0		0		0.0	0.0
			Banks				47	-14	-290		-257		-50		-414.0	-85.2
				Long-term			0	0	0		0		0		0.0	0.0
				Short-term			47	-14	-290		-257		-50		-414.0	-85.2
			Other sectors				16	6	-53		-31		-7		-342.9	-200.0
				Long-term			0	0	0		0		0		0.0	0.0
				Short-term			16	6	-53		-31		-7		-342.9	-200.0
Note:   Balance is derived by deducting assets from liabilities.
	p/  - preliminary