Business

MITI misses job creation target

Published

16/03/2021

MINISTER: Peggy Serame

A total of 10 951 jobs were created last year against a target of 11 400 that was set.
This was revealed by the Minister of Investment, Trade, and Industry, Peggy Serame during a media briefing on Tuesday.

Highlighting her ministry’s achievements in the past year, Serame noted that the ministry was able to attract a total of P773.56 million in Foreign Direct Investment (FDI) between April 2020 and December 2020.

This was short of the annual target of P2.3 billion in FDI while Domestic Investment amounted to P1, 816 billion, still short of the annual target of P3.5 billion.

Due to the...

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In this article:Business, CEDA, Covid-19, MITI, Peggy Serame

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