The Board of Investments yesterday reported a 24 percent drop in investment pledges for 2014 but the number of jobs created rose 54 percent from 38,100 last year to 58,619 this year.
The 78 percent surge in money pledged for manufacturing projects contributed substantially to the sharp rise of anticipated direct jobs despite the lower amount of total approved investments in 2014 of P354.5 billion compared to P466.03 billion in 2013.
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