FDI drop temporary but reforms needed

Mar 14, 2019 12:17 am

Last year’s net foreign direct investment (FDI) decline is a “temporary phenomenon” but reforms are crucial to keep the Philippines attractive, the Finance department said on Wednesday.

“The drop in 2018 FDI … [was] brought about by the uncertain world economic environment,” it said in an economic bulletin.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.