Investment approvals up 86% to P1.07T

Investment approvals up 86% to P1.07T – BoI

By Jenica Faye Garcia

Nov 04, 2023 12:29 am

APPROVED foreign investments hit P1.07 trillion at the end of October, the Board of Investments (BoI) said, putting the agency a step closer to this year's P1.5-billion target.

Pledges from abroad made up the bulk at P757.33 billion, BoI managing head Ceferino Rodolfo told reporters late on Thursday, while domestic investments stood at P316.22 billion.

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