18/02/2023
"The information and communication industry received approved foreign investment pledges worth P114.29 billion, accounting for 65.8% of the total. This was followed by real estate activities at P35.57 billion and manufacturing with P19.30 billion worth of pledges."
APPROVED foreign investment pledges rose by 25.6% last year, driven by robust performance in the fourth quarter, preliminary data from the Philippine Statistics Authority (PSA) showed on Wednesday.