Friday, December 14, 2018

PH is no. 1 ‘best country to invest in” – US News report

Posted on Tuesday, 6 March 2018 

The Philippines was cited as the No. 1 ‘best country to invest in’, according to a 2018 survey “Best Countries” conducted by the U.S. News in partnership with The Wharton School of the University of Pennsylvania and Y&R’s BAV group. The survey was based on scores given by 6,000 business decision makers from 80 countries, ranking countries by the following attributes; anti-corruption, dynamic, economically stable, entrepreneurial, tax environment, innovative, skilled labor force and technological expertise.

“The business sector is elated to see our country (Philippines) top the US survey on investment destination. The PRRD administration’s economic policy of anti-bureaucracy and corruption, and ease of doing business have bolstered our credibility in the eyes of world’s investors. The Build, Build, Build will catalyze economic growth in all regions to enable more MSME’s to grow and create job opportunities. We are in the radar and ready to accept more FDI,” George T. Barcelon, Chair of Philippine Chamber of Commerce and Industry.

According the U.S. News website, the 2018 Best Countries rankings “seek to understand a nation’s worth beyond hard metrics.” See the complete rankings here: https://www.usnews.com/news/best-countries.