By Jochebed B. Gonzales, Senior Researcher
Approved investments of foreign and Filipino nationals reached P184.99 billion in the first quarter of 2018. This was 52.3% higher than the P121.46 billion in the same period in 2017.
The electricity, gas, steam and air conditioning supply industry bested all other sectors as it bagged 56.4% of the total approved investments. It was followed by real estate activities and manufacturing with 13.5% and 13.2% shares, respectively.