During the recent launch of the World Investment Report 2007, the consultant of UNESCO pointed out the country needs more investment-friendly policies. The existing law in the Philippines contradict regulation on foreign investment.
The Government is attracting and inviting new foreign investor, that's good but Government must not also forget local investor, a balance protection between local and foreign must be implemented. A good management of country's debt and transparency in all aspect.
World Investment Report 2007: Philippines Fact Sheet
The most recent data on FDI flows and stocks, mergers and acquisitions, largest TNCs and regulatory changes.
Philippines Fact Sheet, click here