PSA: Investment pledges surged 83% in Q3 to P628B

MANILA, Philippines — Investments committed by Filipino and foreign investors rose sharply in the third quarter, reaching P628.19 billion as pledges from overseas investors more than doubled during the period. Latest data from the Philippine Statistics Authority (PSA) showed that investment commitments approved from July to September surged by 82.7 percent from P343.81 billion in the