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Total foreign investments approved by the Philippine government saw a double-digit decline in the first quarter of 2021 amid a challenging global economic climate due to the COVID-19 pandemic, data released by the Philippine Statistics Authority (PSA) on Thursday showed.
Foreign investment commitments approved by the Philippine government dropped by 32.9% in the first three months of 2021 as the global market continues to face the COVID-19 pandemic, data from the Philippine Statistics Authority (PSA) showed on Thursday.