Investment Pledges as of September Up by 49%

Investment pledges approved by the Board of Investments (BOI) in the nine months ending September 2016 went up by 49 percent year-on-year to P286.44 billion. For September alone, pledges tripled to P51 billion this year from P17 billion in the same month in 2015. Trade Secretary Ramon Lopez said the government expects full year approved investments pledges to grow 10 to 15 percent from P366.74 billion in 2015…

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