BOI to recalibrate 2025 investment approval target

The Board of Investments (BOI) is reviewing its investment approvals target for the year following the nearly 50-percent drop in the January to May tally.

- By Louella Desiderio

Trade Secretary Cristina Roque, who also serves as BOI chair, told reporters yesterday that the agency is set to meet this week or next week to review its P1.75-trillion target for this year.

She said the BOI would also meet with other investment promotion agencies, including the Philippine Economic Zone Authority, to revisit the investment approvals targets.

"It's to review and to really see how we can, of course, go higher," she said.

She said the reciprocal tariffs unleashed by the United States on trading partners are among the factors being considered in the review of the BOI's investment approvals goal.