BusinessWorld E-paper
May 18, 2022
FOREIGN INVESTMENT pledges fell to their lowest in more than a decade in the first quarter, as sentiment was affected by another virus surge in January.
Data from the Philippine Statistics Authority (PSA) published on Tuesday showed the value of foreign commitments stood at P8.981 billion in January to March. This was the smallest haul in 13 years since the P3.959 billion pledged in the first quarter of 2009.
