INVESTMENT approvals hit an all-time high of P1.9 trillion in 2024, the Board of Investments (BOI) said on Monday, surpassing the P1.6-trillion target for the year and the P1.26 trillion recorded in 2023.
Domestic investment dominated last year's approvals, more than doubling to P1.35 trillion from P578 billion. Foreign investments, meanwhile, accounted for P544 billion.
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