Nearly P301 billion worth of investments approved from January to June this year are expected to create about 78,000 new jobs when the projects are in full operation, the four major investment promotion agencies of the Philippines said Thursday.
“Once fully operational, the investments registered with the investment promotion agencies (IPAs) in the first half of 2013 is expected to generate 77,892 more jobs, a 17% increase from 66, 416 jobs committed during the same period last year,” the Department of Trade and Industry said in a news release.
The value of the approved investments are 39 percent more than in the same semester last year, with the main bulk of P201.9 billion reported by the Board of Investments, while the Philippine Economic Zone Authority (PEZA) posted P83.69 billion.
Commitments to the BOI rose 22 percent while new PEZA projects jumped 92 percent.
Subic rebounds, Clark slides
The Subic Bay Metropolitan Authority (SBMA) said the P13.95 billion investments it approved are a 440 percent boost from its approvals last year’s first half and the biggest chunk was a portion of the P21.3-billion tourism complex of Resom Resorts Phils. Inc.
Clark Development Corporation (CDC) saw a 73 percent drop in its approved projects. The CDC said they gave the go-ahead to only P1.37 billion in investments. It explained that the drop was expected because of the “repricing (of) the structure of its lease rates and re-evaluation of the optimal use of remaining liable Clark areas.” — ELR, GMA News
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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