Approved foreign investments up in Q2 2024

  • 2 weeks ago
Approved foreign investments up in Q2 2024
Transcript
00:00The Philippine Statistics Authority, or PSA, reported the approved foreign investment pledges
00:04surged by 220.7 percent in the second quarter of the year. The total foreign investments
00:11approved by investment promotion agencies during the period amounted to Php 189.50 billion from
00:18Php 59.09 billion in the same quarter of 2023. Meanwhile, the Board of Investments, or BOI,
00:25is targeting to register Php 1 trillion worth of projects next year, eyeing for
00:31three consecutive years of investment approvals at a trillion-peso level.

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