MANILA TIMES: Foreign investment pledges FALL 43%
- Foreign investments commitments approved by investments promotion agencies (IPAs) in the fourth quarter of last year shrank by nearly half compared to the previous year, indicating that the government's investments attraction efforts may still need a lot of work. The Philippine Statistics Authority (PSA) said that approved foreign investments in the fourth quarter last year amounted to P132 billion, 42.7 percent lower than P230.2 billion investments commitments in the fourth quarter of 2012.
- Foreign investments commitments approved by investments promotion agencies (IPAs) in the fourth quarter of last year shrank by nearly half compared to the previous year, indicating that the government's investments attraction efforts may still need a lot of work. The Philippine Statistics Authority (PSA) said that approved foreign investments in the fourth quarter last year amounted to P132 billion, 42.7 percent lower than P230.2 billion investments commitments in the fourth quarter of 2012.
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