The Board of Investments reported a 12-percent increase in its approved investments for the period of January to December 2013, reaching a total of P403.17 billion from the P360.35 billion posted in the same period last year.

Domestic investment pledges reached P298.24 billion, or 74 percent of the total investment approvals during the year, which is 4 percent higher than last year’s P286.3 billion.

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