FOREIGN investments approvals plunged by 64.4 percent to P67.38 billion in the second quarter from P189.50 billion a year earlier, the Philippines Statistics Authority (PSA) reported on Thursday. Singapore was the top source of accepted foreign investments, accounting for P53.48 billion or 79.4 percent of the total. The United States followed with P3.96 billion (5.9 percent) while the Netherlands pledged P1.91 billion (2.8 percent). The electricity, gas, steam and air conditioning supply industry accounted for the highest share at P54.75 billion (81.2 percent). Other key investment destinations were administrative and support service activities with P4.61 billion (6.8 percent) and manufacturing with P4.46 billion (6.6 percent).   https://www.manilatimes.net/2025/08/15/business/top-business/foreign-investment-approvals-drop-64/2168163   (ICE SINGAPORE)

Fonte notizia: The Manila Times, 15 August 2025