Manila, Sept. 2 -- Investments from the Association of Southeast Asian Nations (ASEAN) remain strong, reaching PHP252 billion since 2020, the Board of Investments (BOI) reported Tuesday.

Bulk of the investments came from Singapore at PHP246 billion; followed by Thailand, PHP4.34 billion; Malaysia, PHP1.7 billion; and Indonesia, PHP12.27 million.

BOI, the investment promotion and industry development agency of the Department of Trade and Industry (DTI), said most of these investments were paced in information and communication at PHP169.59 billion; power sector, including renewable energy, PHP74.20 billion; manufacturing, PHP5.58 billion; administrative and support services, PHP1.41 billion; and agriculture, forestry, and fishing, PHP930...