Investment approvals up 126% from Jan to Aug

By Anna Leah E. Gonzales

Sep 12, 2019 12:25 am

INVESTMENT pledges approved by the Board of Investments (BoI) leaped by 126.1 percent to P609.04 billion in the first eight months of 2019 from P269.3 billion in the same period last year.

In a statement on Wednesday, the BoI said domestic investments accounted for P404.5 billion of the total, while foreign investments worth P204.5 billion accounted for a third of it.

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