MANILA, Philippines – The Department of Trade and Industry (DTI) expects investments to hit more than P400 billion this year, surpassing the P345-billion yearend target of the government.
“We may surpass the P400-billion investments for this year,” Trade Secretary Gregory L. Domingo said in a press conference yesterday afternoon.
“The investors are upbeat,” Domingo said. Combined investments for the two attached agencies of the DTI – the Board of Investments (BOI) and the Philippine Economic Zone Authority (PEZA) amounted to P240.41 billion for the first seven months of the year.
“The Philippines is not in the radar of foreign businessmen. We have to raise consciousness in order for them to visit our country,” Domingo said.
Domingo said he has already asked Undersecretary Cristino L. Panlilio to visit the Middle East and Europe to encourage these businessmen to come to the Philippines.
Data from the BOI showed that from January to July this year, investments gathered by the BOI stood at P171.8 billion. This was 297 percent higher than the P43.226 billion worth of investments obtained during the same period in 2009.
Meanwhile, PEZA Director General Lillia B. de Lima said that investments for January to July stood at P68.61 billion from the P43.550 billion a year ago. De Lima noted most of the investments were for expansions but there were also new investments especially in the semiconductor and tourism industry. –Ma. Elisa P. Osorio (The Philippine Star)
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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