Investments approved by the Board of Investments (BoI) grew by 26.2 percent to P516 billion in January to October from P408.8 billion in the same period last year, the agency said Wednesday.

“The latest BoI investment figure is a concrete testament to the continued confidence of the international investing community on the strong fundamentals of the Philippine economy and the policy reforms and infrastructure development under President Duterte’s administration,” said Trade Secretary and BoI Chairman Ramon Lopez.

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