Investment pledges nitong first quarter ng 2025, pumalo sa P58.9-B
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NewsTranscript
00:00The Philippine Economic Zone Authority explained the positive effect of the approved investment of almost Php 59 billion
00:08in the first quarter of 2025 for the Filipinos and the country's economy.
00:14F. Rahim Gaytos of Radyo Pilipinas with the national news.
00:20We are now celebrating the fruits of the efforts of the government of President Ferdinand R. Marcos Jr.
00:26to continue to promote the Philippines to attract more investors.
00:31In fact, the investment pledges of the first quarter of 2025 amounted to Php 58.9 billion.
00:39294% higher than Php 14 billion in 2024 at the same time.
00:48All of this, we have a very active president.
00:51He's the best salesman for the country, actively promoting the Philippines to global investors.
00:57This is one of the benefits we are hoping for through the Philippine Economic Zone Authority.
01:04With the growth of the Philippine Economic Zone Authority,
01:07investors in the Philippines have high confidence because of the country's stable economy.
01:13This includes our high gross domestic product,
01:16credit rating of A- and purchasing manager index.
01:20The new law, Create More, also helps a lot in allocating fiscal incentives to the leaders.
01:27This is a big thing because the leaders, before they locate in a country,
01:33they look at not only the ease of doing business but also the cost of doing business.
01:39So if they are given fiscal incentives, their operations will be more viable,
01:45especially here in our country, in the Philippines.
01:47PESA is confident that under the leadership of PBBM,
01:52they will be able to use the target investment this 2025.
01:56From Radio Pilipinas, Ephraim Gaytos for Balitang Pambansa.