INVESTMENT approvals by the Board of Investments (BOI) hit P1.58 trillion as of end-November, nearing the 2024 target of P1.6 trillion and further exceeding the 2023 total of P1.26 trillion.
The investments promotion agency said the latest figure was 44 percent higher compared to the P1.101 trillion reached in January-November 2023. It was mostly composed of energy projects that totaled P1.35 trillion, also 48 percent up from the year earlier.
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