Oxford Economics: Philippines Among Countries with Low Scorecard for Foreign Direct Investment

Source: aseaneconomist.com aseaneconomist.com

Key Topics in this News Article:

News Snapshot:

Oxford Economics cites the Philippines as one of the countries with a low scorecard for Foreign Direct Investment (FDI). The country persists in having insufficient resources and business situations, according to the UK think tank. Philippines, least attractive for foreign investments according to Oxford Economics The Philippines ranked 13th (second to the last) on Asia-Pacific (APAC) economies regarding the FDI attractiveness scorecard. Oxford Economics noted that the country gained negative scores on infrastructure and logistics, political and business climate, and market size and potential. The leader in economic forecasting added that the Philippines ranked low because of inadequate infrastructure. The...