51.   Officials also indicated that the new budget may propose lower corporate tax to attract foreign portfolio investment.

52.   Sjahrir said the seminar was expected to discuss the financing of portfolio investment amid the monetary crisis in Indonesia and other Asian regions.

53.   Some sources said that actually the bourse was currently exploited as a spot market to gain profits from short term business instead of long term portfolio investments.

54.   That would lead to a healthy amount of investment in the form of both direct and portfolio investment.

55.   The government also lifted limits on portfolio investment outside the country, investment by foreign companies and bank lending to foreign controlled companies.

56.   The Fera was liberalised to encourage foreign direct as well as portfolio investments.

57.   The official statistics often fails to include much of the portfolio investment, because securities investors often evade strict restrictions.

58.   The past two weeks have seen relatively hefty portfolio investments in the stock market and substantial foreign exchange remittances from Filipinos working overseas.

59.   The peso continued to gain against the U.S dollar, buoyed by dollar inflows from portfolio investments and slack corporate demand for the U.S. currency.

60.   The proportion of portfolio investment to total investment in Egypt is steadily rising.