INDUSTRY and political problems facing the mining industry put the Philippines last among 13 Asian countries in BMI Research’s Asia Mining Risk/Reward Index for the second quarter of 2018.
In a report late last week, the Fitch Group unit said the Philippines—which only got a score of 42.8 in the index—and Myanmar, which placed 12th, would “continue to underperform” in a region where the sector continued to flourish on the back of positive business environments, rich mineral deposits, supportive infrastructure, and political stability.
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