ffects of the coronavirus disease pandemic.Department of Trade and Industry Sec. Ramon Lopez, in his presentation during President Duterte’s televised address to the nation Wednesday night, March 24, said approved investments from January 1 to March 19, 2021 totalled P137 billion.
The Cabinet official’s data, sourced from the Board of Investments, also bared that 12,013 jobs were generated during the period, compared to the 10,605 produced last year. This shows an increase of 13.28 percent. He recalled that last year’s total approved investments of P1.02 trillion was the second highest ever, next only to the record P1.14 trillion achieved in 2019 when then Philippine economy was supposedly at its strongest.
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