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Channel: Philippine National Statistical Coordination Board (NSCB)
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Total approved foreign investments down by 25.6 percent in Q1 2014

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Total foreign investments (FI) approved in the first quarter of 2014 by the seven investment promotion agencies (IPAs), namely: Board of Investments (BOI), Clark Development Corporation (CDC), Philippine Economic Zone Authority (PEZA), and Subic Bay Metropolitan Authority (SBMA) as well as Authority of the Freeport Area of Bataan (AFAB), BOI-Autonomous Region of Muslim Mindanao (BOI-ARMM), and Cagayan Economic Zone Authority (CEZA), amounted to PhP 37.4 billion, 25.6 percent lower compared to PhP 50.3 billion approved in the same period last year.

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