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. "This unprecedented performance shows growing investor confidence in the Philippines and the success of the administration's investment and economic policies," the BOI quoted Frederick Go, the special assistant to the president for Investment and Economic Affairs, as saying. https://www.manilatimes.net/2025/02/25/business/top-business/approved-investments-hit-record-p19t-boi/2061328 (ICE SINGAPORE)

Fonte notizia: The Manila Time, 25 February 2025