Board of Investment Pledges Up 10% in First Quarter of 2017

Investment commitments registered with the Board on Investments reached P67.97 billion from January to March, up 10 percent from P61.94 billion in the same period last year. The number of projects soared to 122 from 72 in the same period in 2016; these are expected to generate 36,115 new jobs once operational. Bulk of the pledges came from real estate at P44.36 billion, manufacturing with P15.43 billion, and energy with P4.5…

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