State-approved foreign investment pledges plunged by double digits in the second quarter of 2020 after six investment promotion agencies (IPAs) recorded contractions, according to the Philippine Statistics Authority (PSA).
Data from the statistics agency showed on Thursday that these IPAs only approved P15.5 billion in foreign pledges from April to June, down 68.8 percent from P49.6 billion in 2019.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.