The Philippines: FDI on the up (By Oxford Business Group)

The Philippines: FDI on the up

After years of slow growth in foreign direct investment (FDI) following the global financial crisis, the Philippines is now showing high potential for a return to 2007 FDI levels. The country still lags behind some of ASEAN neighbours in overall investment per capita levels, although strong economic growth and new anti-corruption measures, combined with a recent credit rating upgrade from Fitch Ratings, have improved the Philippines’ international reputation.
In March 2013 Bangko Sentral ng Pilipinas (BSP), the central bank, announced that FDI in the Philippines had reached … Read more.