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Investment target could be raised to P1.6T – BoI

THE Board of Investments (BoI) is looking to raise this year's investment approval target to P1.6 trillion given a record first half and other positive developments.

Trade Undersecretary and BoI Vice Chairman Ceferino Rodolfo said the bureau could drop the current goal of P1.5 trillion as approvals were now more than over half of that.