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Foreign investments down 54% in Q1 - Vimarsana News

Foreign investments down 54% in Q1

Approved foreign investments dropped by half in the first three-months of the year despite improving economic condition amid the prolonged pandemic, data from the Philippine Statistics Authority (PSA) revealed. Based on the PSA report, total foreign investments declined 54 percent to P8.98 billi

Source: mb.com.ph
FI pledges down 54.1% to ₧8.98B in Q1–PSA - Vimarsana News

FI pledges down 54.1% to ₧8.98B in Q1–PSA

FOREIGN investment pledges plunged in the first quarter of 2022 based on the latest data released by the Philippine Statistics Authority (PSA). PSA said Approved Foreign Investments declined 54.1 percent to P8.98 billion in the first quarter of 2022 from the P19.55 billion in the same period in 2021. The…