{"id":197318,"date":"2019-01-11T18:34:37","date_gmt":"2019-01-11T23:34:37","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=197318"},"modified":"2019-01-11T18:34:37","modified_gmt":"2019-01-11T23:34:37","slug":"boi-targets-10-hike-in-investment-approvals-in-2019","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2019\/01\/11\/boi-targets-10-hike-in-investment-approvals-in-2019\/","title":{"rendered":"BOI targets 10% hike in investment approvals in 2019"},"content":{"rendered":"<figure id=\"attachment_197319\" aria-describedby=\"caption-attachment-197319\" style=\"width: 461px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/01\/Ramon_lopez_cropped.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-197319\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/01\/Ramon_lopez_cropped.jpg\" alt=\"\" width=\"461\" height=\"622\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/01\/Ramon_lopez_cropped.jpg 461w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2019\/01\/Ramon_lopez_cropped-222x300.jpg 222w\" sizes=\"auto, (max-width: 461px) 100vw, 461px\" \/><\/a><figcaption id=\"caption-attachment-197319\" class=\"wp-caption-text\">Lopez noted that it can still adjust upward the growth target for this year if there comes along a big-ticket project that will register with the board. (<a href=\"https:\/\/commons.wikimedia.org\/w\/index.php?curid=60493470\">File Photo By Philippine Information Agency &#8211; Philippine Information Agency, Public Domain<\/a>)<\/figcaption><\/figure>\n<p><strong>MANILA<\/strong>\u00a0&#8212; The Board of Investments (BOI) is targeting to increase investment approvals this year in hopes of breaching the PHP1-trillion mark.<\/p>\n<p>In a briefing Friday, Trade Secretary and BOI Chairman Ramon Lopez said the agency is eyeing a 10-percent growth in investment approvals this year from PHP907.2-billion projects it registered in 2018.<\/p>\n<p>Lopez noted that it can still adjust upward the growth target for this year if there comes along a big-ticket project that will register with the board.<\/p>\n<p>\u201cWe can even upgrade it later. But for now, conservatively 10 percent, just like what we conservatively targeted PHP680 billion last year,\u201d he added.<\/p>\n<p>Last year, the BOI exceeded its PHP680-billion target approvals and 10-percent growth target. Actual investment pledges in 2018 rose 47.1 percent from 2017\u2019s commitments.<\/p>\n<p>Lopez also stressed that the investments that came in last year would help improve the country\u2019s balance of trade, making it favorable to the Philippines.<\/p>\n<p>Aside from improving the trade balance, Lopez noted that these investments will create quality jobs for Filipinos.<strong><em>\u00a0<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MANILA\u00a0&#8212; The Board of Investments (BOI) is targeting to increase investment approvals this year in hopes of breaching the PHP1-trillion &hellip;<\/p>\n","protected":false},"author":44,"featured_media":197319,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-197318","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","mauthors-kris-crismundo","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/197318","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=197318"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/197318\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/197319"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=197318"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=197318"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=197318"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}