From
BOI – Board of Investmensts
The Philippine Advantage
The Philippines has emerged as among the
world’s most promising destinations of
foreign investments in the next three years,
according to the United Nations Conference
of Trade and Development (UNCTAD). Our
country joined the top 15 destinations,
placing 10th, which in the precious survey
round ranked 11th.
Fastest-growing among major economies in
Asia
According to the World Bank’s latest
edition of Global Economic Prospects, the
Philippines is the world’s 10th
fastest growing economy for 2017. Growth is
projected to remain robust at 6.8 percent in
2017 and 6.9 percent in 2018. This growth is
led by strong domestic demand, recovery in
exports and implementation of planned
infrastructure projects which spur
additional business activities, create more
jobs and increase household consumption and
reduce poverty.