BOI: Investments up 18.9% in Jan-May

INVESTMENTS approved by the Board of Investments (BOI) increased by 18.9 percent in the first five months of 2018 to P207.48 billion from P174.47 billion in the same period last year.

In a statement on Thursday, BOI said approved foreign direct investments (FDI) grew by 29 percent to P7 billion from P5.38 billion in 2017.