“The Marcos administration appears keen on getting more foreign investment to bankroll vital economic projects”
HSBC said looking at FDI inflows relative to the size of the economy, the Philippines is, in fact, in the middle of the pack in ASEAN. The Philippines placed 91st out of 130 countries when it comes to attractiveness to foreign investors due in part to poor business perception and financial access. The Bangko Sentral ng Pilipinas reported recently that net inflows of foreign direct investments reached $8.9 billion in 2023.
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