Friday, December 1, 2017

SHOPPING OF FOREIGN INVESTORS



There's a raging problem with our image abroad caused by our reputation that we  are no longer a preferred investment destination of foreign investors. Such opinion can be treated with truth due to the on-going not delightful situation in the country that affects our image building  abroad. This is from the recent team of the Philippines that flown to the US to lure investors here amid low FDIs at the moment. We’re no longer as important to US business- Opinion Manila Times Mr. Tiglao

Philippines - Openness to and Restriction on Foreign Investment

Most of all, it has become difficult now to introduce our country as  the choiced destination of capitalists due to many factors to be considered in doing business here. There are those who establish their investments due to the advantage of our massive English speaking labor compared with our Asian counterparts that are deficient of the language, this remains our edge.

But the question remains why do we have a low inflow of  foreign investors  to the country?

There are certain regulations that remains very difficult for businesses to choose the country  for investments, and there are few attractive incentives for businesses to flourish because most of all the costs of  labor is one thing, and among other factors like political conditions, corruptions, and slow judicial system that we've known for,  Philippine regulatory regimes remain ambiguous in many sectors of the economy that makes investments to thrive  as difficult.





  

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