Foreign investment pledges drop 64.4% in Q2

Foreign investment pledges in the Philippines plummeted by 64.4% to P67.38 billion in the second quarter compared to the revised P189.5 billion in the same period last year, according to the Philippine Statistics Authority.

This decline is attributed to pessimistic investor sentiment stemming from flip-flopping US tariff policies and global uncertainty.

However, this amount was the highest since the P143.74 billion recorded in the third quarter of 2024 and more than double the revised P27.99 billion in the first three months of 2025.

Singapore accounted for the bulk of approved investment pledges at P53.48 billion, representing 79.4% of the total.

The United States followed with P3.96 billion (5.9%) and the Netherlands with P1.91 billion (2.8%).

Cid L. Terosa, a senior economist, stated that the uncertainty created by former US President Trump's trade-related pronouncements was the overwhelming factor affecting investor plans globally.

The investment commitments were approved by various investment promotion agencies.