BOI investment approvals hit ₧698B in H1, up 203%

TRADE and Industry Secretary Alfredo E. Pascual, who chairs the Board of Investments (BOI), said the Philippines is poised to become Asia’s “premier” investment destination as the BOI just approved P698 billion worth of investment approvals for the first half of 2023, a 203-percent growth from the P230 billion recorded in the same period a year ago.