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JFC eyes $128B in FDI by 2030

RECENT economic gains and policy reforms have prompted foreign business chambers to target $128 billion in investments from abroad by 2030.

The Philippines' rapid recovery from a pandemic-induced downturn and increased opportunities, among other factors, were behind the new foreign direct investment (FDI) goal, Joint Foreign Chambers of the Philippines (JFC) officials said during a briefing on Thursday.