Foreign investment pledges down by 32% in Q1

By Anna Leah E. Gonzales

Jun 04, 2021 12:59 am

Government-approved foreign investment (FI) pledges dropped by 32 percent in the first quarter of the year, the Philippine Statistics Authority (PSA) said.

In a report on Thursday, the PSA said foreign investment pledges approved during the period amounted to P19.55 billion, down from last year's P29.14 billion.

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