Manila, Nov. 12 -- Philippine Finance Secretary Frederick Go announced that the country's three major investment promotion agencies-the Board of Investments (BOI), Philippine Economic Zone Authority (PEZA) and Bases Conversion and Development Authority (BCDA)-approved a combined PHP1.40 trillion worth of investments as of the end of October 2026.

The total represents a 39% increase compared with the PHP1.01 trillion recorded during the same period last year.

Among the agencies, the BOI approved PHP942.86 billion in investments, reflecting a 22.34% increase from the previous year. PEZA recorded PHP309.63 billion in approved investments, marking a significant 76.56% growth and exceeding its PHP300-billion investment target for the year. ...