Investment pledges approved by the government’s promotion agencies fell 35.6 percent to P309.45 billion ($5.9 billion) in the first quarter of 2024, down from P480.48 billion ($9.1 billion) in the same period last year, the Philippine Statistics Authority (PSA) said Thursday.
Filipino nationals accounted for P161.03 billion (52.0 percent) of the total approved investments in the first quarter, while foreign investors contributed P148.43 billion.
“Approved investments of foreign and Filipino nationals...
Senator Robinhood Padilla and House Speaker Ferdinand Martin Romualdez are the guests of honor and speakers at the in-person mid-year membership assembly and dinner...
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