MANILA, Aug. 14 (Xinhua) -- The Philippines' approved foreign investments (FI) in the second quarter of 2025 reached 67.38 billion pesos (roughly 1.19 billion U.S. dollars), down 64.4 percent from a year earlier, the Philippine Statistics Authority (PSA) said Thursday.
Singapore was the leading source of FI pledges, accounting for 79.4 percent of the total approved FI, the PSA said.
The PSA added that the electricity, gas, steam, and air conditioning supply industry attracted the largest share of FI, followed by administrative and support service activities, and the manufacturing industry.
Total approved investments from both foreign and Filipino nationals in the second quarter of 2025 reached 299.08 billion pesos (about 5.27 billion dollars), a 58.5 percent decline from a year earlier. ■
