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
World Day for Safety and Health at Work
“Safety and health at work every day!”
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 #TakePicturesVideos
Monthly Observances:
March – Women’s Role in History Month
April – Month of Planet Earth
Weekly Observances:
Last Week of March: Protection and Gender Fair Treatment of the Girl Child Week
Last Week of April – World Immunization Week
Daily Observances:
Mar 25 – International Day of Remembrance of the Victims of Slavery and the Transallantic Slave Trade
Mar 27– Earth Hour
Apr 21 – Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health at Work
