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Title:
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Stepping up PH investment climate
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Author:
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Dindo Manhit
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Source:
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Inquirer.net
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Date:
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April 3, 2018
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Description:
- The constitutional restriction on foreign equity in certain sectors has hampered the entry of foreign direct investments (FDIs) into the country. Nevertheless, the Philippines has moved up and emerged as the fourth largest recipient of FDIs in Asean in 2016. This remarkable progress has led to its being named the “best investment destination” by the US News and World Report in its 2018 Best Countries Report.
