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Buoyed by robust January pipeline, BOI hikes 2023 target to P1 5 trillion

THE Board of Investments (BOI) has adjusted its 2023 Investment registration target from P1 trillion to P1.5 trillion following the “strong” investment approvals recorded in January 2023 alone. In a statement on Thursday, Trade Secretary Alfredo E. Pascual, who also chairs the BOI, attributed the revision of investment approvals target…

CA confirms appointment of Pascual as DTI Secretary

The powerful Commission on Appointments (CA led by Chairperson Ferjenel G. Biron has officially confirmed the appointment of Alfredo E. Pascual as Department of Trade and Industry (DTI) Secretary on Wednesday, Feb. 1. During the session, Representative Johnny T. Pimentel, a CA member, expressed hi

BOI tallies P730-B approvals in 2022, aims P1T in 2023

The Board of Investments (BOI) generated a total of P729 billion worth of committed projects in 2022, 11.63 percent higher than the P655 billion approved in 2021 and looks forward to achieving P1 trillion investments in 2023. Trade and Industry and BOI Managing Head Ceferino S. Rodolfo sai

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