By Abigail Marie P. Yraola, Deputy Research Head
Approved foreign investments in the Philippines fell by 38.9% last year to P543.62 billion, the steepest decline in four years, the Philippine Statistics Authority reported on Thursday.
Preliminary data from the PSA showed the value of foreign commitments approved by the country’s investment promotion agencies (IPAs) in 2024 was lower than the P889.24 billion in 2023.
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