According to a report by The Philippine Star on September 5, the Board of Investments (BOI) has raised its annual investment target from 250 billion pesos to 320 billion pesos, as the approved investment amount for the first seven months has already exceeded the original annual goal. BOI Chairman Ceferino Rodolfo stated that based on current applications, the investment volume of 304 billion pesos recorded last year will be reached within the third quarter, making the annual target of 320 billion pesos achievable.
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