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Foreign investment commitments down sharply in Q1 2024

By Inquirer - 6 months ago
MANILA, Philippines — Committed foreign direct investments (FDI) in the country posted a sharp decline in the first quarter, which an analyst said raised concerns about the health of the investment climate amid tight financial conditions. The government approved total FDI pledges amounting to P148.43 billion in the three months through March, plummeting by 63.6

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