Investments approved by the country’s four major investment agencies the Board of Investments (BOI), Philippine Economic Zone Authority (PEZA), Subic Bay Metropolitan Authority (SBMA) and Clark Development Corp. (CDC) – went up 39 percent in the first semester from a year ago, showing the increasing interest of investors here amid an improving business environment.
The top five sources of foreign investment commitments on the BOI and PEZA approval list were the U.S. with P43.64 billion, followed by British Virgin Islands with P20.62 billion, Japan with P9.34 billion, Netherlands with P5.99 billion and Australia which poured in P2.19 billion.
http://www.philstar.com/business/201...p-39-p301-b-h1