BusinessWorld E-paper
November 16, 2022
FOREIGN INVESTMENT pledges declined 22.4% in the third quarter as investors fretted over a looming global economic slowdown, soaring inflation and the ongoing Russia-Ukraine war.
Data from the Philippine Statistics Authority (PSA) showed total approved foreign investments dropped to P13.05 billion in the July to September period, from P16.82 billion in the same period a year ago.
