Investments approved by the Board of Investments (BOI) dropped by 48 percent in the first quarter of 2026 to P58.2 billion, according to a report by Philstar Biz .
The decline was attributed to a decrease in both foreign and local investment commitments. The figure marks a significant slowdown from the same period last year, when approvals totaled P112.3 billion.
The BOI, a key indicator of business sentiment and future economic activity, has not yet provided a detailed breakdown of the sectors affected. Analysts will be watching for further data to assess the impact on the country's investment climate.