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Trade chief hikes BOI investment targets to P1.5-T

Trade Secretary Alfredo Pascual (file photo) MANILA - Trade Secretary Alfredo Pascual has revised upward the investment approval targets for the Board of Investments (BOI) from PHP1 trillion to PHP1.5 trillion this year. "Given the strong investment approvals for January, as well as the robust pipeline of investment leads -including those generated (through) Presidential visits, I have increased the 2023 investment registration target of BOI from PHP1 trillion to PHP1.5 trillion," Pascual said in a statement e-mailed by the BOI Thursday. In a text message to reporters, Trade Undersecretary Ana Carolina Sanchez the agency is expecting project registration from companies involved in green metals, data centers, telecommunication towers, sea cable infrastructure, electric vehicle and light manufacturing, including the supply chain for e-vehicles. As of Feb. 9, the BOI registered a total of PHP414 billion worth of projects. Just last week, Pascual said the investment promotion age ....

Ferdinandr Marcos Jr , Alfredo Pascual , Regional Comprehensive Economic Partnership , Secretary Alfredo Pascual , Trade Undersecretary Ana Carolina Sanchez , President Ferdinand , Trade Secretary Alfredo Pascual File Photo Manila Has Revised Upward The Investment Approval Targets For Board Of Investments Boi From Php1 Trillion To 5 This Year Quot Given Strong Approvals January , S Well As The Robust Pipeline Of Investment Leads Including Those Generated Through Presidential Visits , I Have Increased The 2023 Investment Registration Target Of Boi From Php1 Trillion To 5 , Uot Pascual Said Ina Statemente Mailed By The Boi Thursday Text Message To Reporters , Rade Undersecretary Ana Carolina Sanchez The Agency Is Expecting Project Registration From Companies Involved In Green Metals , Data Centers , Telecommunication Towers , Ea Cable Infrastructure , Lectric Vehicle And Light Manufacturing , Ncluding The Supply Chain Fore Vehicles As Of Feb 9 , He Boi Registereda Total Of Php414 Billion Worth Projects Just Last Week , Ascual Said The Investment Promotion Agency Ipa Had Php344 Billion Worth Of Prospective Projects Expected To Register With Boi Before Middle 2023 Sanchez Quot Mature Leads Are In Sectors Information Technology And Business Process Management , Renewable Energy , Anufacturing And Data Centers Pascual , Ho Also Chairs The Boi , Ade The Announcement Two Days After Concurrence Of Senate With Regional Comprehensive Economic Partnership Rcep Ratification Quoti Think Investors That Are Eyeing Philippines Asa Production Hub Will Now Be Implementing Their Intentions And Plans To Set Up Manufacturing Hubs In Making Investments Our Country , Uot He Earlier Told Reporters Ina Virtual Briefing Last Friday , Alacanang Announced The Foreign Trips Of President Ferdinandr Marcos Jr Yielded Php3 48 Trillion In Investment Pledges Quoti Thank Boi For Enthusiastically Welcoming This Challenge And Course , He President For His Hard Work In Promoting The Philippines Asa Hub Sustainability And Innovation Driven Manufacturing Services Region , Uot Pascual Added In His Thursday Statement Pna ,

PBBM: Stronger economy 'only a matter of time'

President Ferdinand R. Marcos Jr. (File photo) MANILA - President Ferdinand R. Marcos Jr. said he believes it is "only a matter of time" before ordinary Filipinos start feeling the effects of economic growth in the country. "Kaunting panahon na lang ay madadama na natin ang magagandang epekto nito sa ating ekonomiya at sa kabuhayan ng ating mga kababayan (It's only a matter of time before we feel its good effects on our economy and the livelihood of our countrymen)," he said in his official Facebook page. Marcos made this remark as he welcomed a report showing that investments registered with the Board of Investments (BOI) reached more than PHP414 billion in the first 40 days of 2023. This amount accounts for more than 40 percent of the PHP1 trillion investment target for the year. Earlier in the day, Department of Trade and Industry (DTI) Secretary Alfredo Pascual, who chairs the BOI, revised the bureau's investment approval targets from PHP1 trillion to PH ....

Ferdinandr Marcos Jr , Alfredo Pascual , Philippine Development Plan , Secretary Alfredo Pascual , President Ferdinandr Marcos Jr File Photo Manila Said He Believes It Is Quot Onlya Matter Of Time Before Ordinary Filipinos Start Feeling The Effects Economic Growth In Country Kaunting Panahon Na Lang Ay Madadama Natin Ang Magagandang Epekto Nito Sa Ating Ekonomiya At Kabuhayan Ng Mga Kababayan 39s We Feel Its Good On Our Economy And Livelihood Countrymen , Uot He Said In His Official Facebook Page Marcos Made This Remark As Welcomeda Report Showing That Investments Registered With The Board Of Boi Reached More Than Php414 Billion First 40 Days 2023 Amount Accounts For Percent Php1 Trillion Investment Target Year Earlier Day , Epartment Of Trade And Industry Dti Secretary Alfredo Pascual , Ho Chairs The Boi , Evised The Bureau 39s Investment Approval Targets From Php1 Trillion To 5 This Year Quot Given Strong Approvals For January , S Well As The Robust Pipeline Of Investment Leads , Ncluding Those Generated Through Presidential Visits , I Have Increased The 2023 Investment Registration Target Of Boi From Php1 Trillion To 5 , Uot Pascual Said Ina Boi Statement Thursday On Monday , Arcos Called On Key Government Agencies To Intensify Efforts Uplift The People 39s Economic Condition , Aying That Their Hard Work Would Go To Quot Waste If It Is Not Felt By Ordinary Filipinos Although There Are Many Plans Boost The Economy 39s Growth , E Said These Gains Would Only Matter If It Trickles Down To The People , Specially The Poor Quot Sabihin Na Natin Gumanda Nang Husto Ang Ekonomiya Ng Pilipinas , Indi Naman Bumababa At Hindi Nararamdaman Ng Taong Bayan Eh Sayang Lang Ang Ating Naging Trabaho Iilan Yumayaman Let 39s Say That The Philippine Economy Has Improveda Lot , Ut If It Does Not Reach And Is Felt By The People , Hen Our Work Would Just Bea Waste Onlya Few Get Rich , Uot He Said During His Recent Five Day Trip To Japan , Arcos Touted Before Japanese Investors And Business Leaders The Philippines 39 Quot Remarkable Rebound From Coronavirus Disease 2019 Covid 19 Health Crisis , Aying The Country Is On Track To Reach Quot Upper Middle Income Status By 2024 He Expressed Confidence That Philippine Development Plan 2023 2028 Would Help His Administration Transform Philippines Intoa Prosperous , More Inclusive , Nd Resilient Quot Nation The Philippines Posteda 7 6 Percent Full Year Growth In 2022 , He Highest In 46 Years Or Since The Country Recorded An 8 Percent Growth 1976 Pna ,