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.