Pledges made through IPAs up 542%

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The story "Pledges made through IPAs up 542%" was covered 1 weeks ago by Business Mirror, a news publisher based in Philippines.

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Pledges made through IPAs up 542% - Business Mirror

Quick Summary:

PLEDGES made by foreign and Filipino nationals through the government’s Investment Promotion Agencies (IPAs) grew more than five-fold in the third quarter of 2024, according to the Philippine Statistics Authority (PSA).

The PSA said this indicated an increase of 49.4 percent from the 22,571 expected jobs in the same quarter of the previous year.

This was followed by Bicol Region with P51.84 billion and Central Luzon with P15.2 billion.These accounted for 35.3 percent and 10.4 percent of the total FI, respectively.