BITC surpasses FDI attraction target
Friday, December 18, 2015

Sejoe
According to the investment agency’s 2014/15 annual report, foreign direct investment (FDI) companies raised P1.5 billion with business expansions contributing P1.4 billion and domestic investment valued at P238.4 million during the financial year.
Total capital investment was realised in several sectors including manufacturing, business and financial services, retail, automotive component manufacturing, agriculture, mining, engineering and construction.
It seems some government accounting officers, sworn to tell "the truth, the whole truth, and nothing else but the truth" before Almighty God, may have deliberately lied during the committee’s vital work. If proven, this is not merely unprofessional; it is perjury, a serious criminal offence and it strikes at the very heart of responsible government.The PAC’s role is fundamental. After each financial year, it painstakingly examines how public...