BOI-approved investments hit P720 billion

MANILA, Philippines — Investments approved by the Board of Investments (BOI) continued to rise, reaching P720 billion as of August or almost close to last year’s approval of P729 billion.

“We see now a recent positive BOI investment approval performance,” BOI governor Marjorie Ramos-Samaniego said in a forum organized by the Center for International Private Enterprise.

“The approved investment level as of August is actually equivalent to 72 percent of our original P1-trillion investment target,” she said.

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https://www.philstar.com/business/2023/09/11/2295309/boi-approved-investments-hit-p720-billion

Published : 11-Sep-2023

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