balinkbayan-header-large

Domestic Manufacturing Sector Leads Increase In Investments

The significant increase in last year’s investments by local enterprises in the Philippines will most likely encourage increase of foreign direct investments this year. According to the National Economic and Development Authority, foreigners will take the rising number of local businesses, particularly in manufacturing, as an indication of Filipino confidence in their own economic policies. The willingness of Filipinos to invest is therefore vital and a catalyst for the country’s continued economic growth.

source: http://business.inquirer.net/162645/neda-sees-surge-in-foreign-investments