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Approved foreign investments into Philippines up 109.3 pct in Q3

november 14, 2023by Reacties uitgeschakeld voor Approved foreign investments into Philippines up 109.3 pct in Q3

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MANILA, Nov. 14 (Xinhua) — The approved foreign investments into the Philippines in the third quarter reached 27.3 billion pesos (roughly 486.72 million U.S. dollars), marking a year-on-year increase of 109.3 percent, the Philippine Statistics Authority (PSA) said on Tuesday.

The manufacturing industry received the largest amount of approved investments, equivalent to 60.2 percent of the total, while administra

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