Foreign direct investments (FDI) tripled to P40.6 billion in April-June this year from P13.8 billion a year earlier and set in motion the process of creating 52,604 new jobs, according to the latest data gathered from four of the country’s major investment promotion agencies.
Projected employment from the FDI projects in the second quarter rose by 81.4 percent from the 29,004 jobs year-on-year.
The National Statistical Coordination Board (NSCB) said Japanese investors committed 43.2 percent or P17.5 billion of the investments approved by the Board of Investments, Clark Development Corporation, Philippine Economic Zone Authority, and Subic Bay Metropolitan Authority.
The United States and the Netherlands were also top investors, with shares of 20.3 percent (P8.2 billion) and 17.7 percent (P17.2 billion), respectively.
The main bulk of the FDIs, P26.4 billion, were channeled to the manufacturing sector. A far second were real estate investments at P5.2 billion. The utilities sector got P4.8 billion. — ELR/VS, GMA News
Sept 5 – Oct 5
National Teachers Month
“Pay teachers decent wages,
Pay attention to teachers!”
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
#Report Corruption #SearchPosts #TakePicturesVideos
September
Monthly Observances:
Health, Safety, and Sanitation Month
Clean-up Month
Civil Service Month
National Peace Consciousness Month
Social Security Month
Rule of Law Month
National Teachers’ Month (Sept 5-Oct 5)
Weekly Observances:
Sept 17 – 23:
World Clean and Green Week
Week 2: Education Week
Week 4: Medicine Week
Last Week: Family Week
Daily Observances:
Third Saturday: International Coastal Clean-up Day
Third Monday: World Health Day
Last Friday: National Maritime Day
Sept 8: National Literacy Day
Sept 15: Philippine Medicine Day
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