Country’s FDIs going nowhere but up

The country’s foreign direct investments (FDI) has no way to go but up, because of the country’s good macroeconomic numbers, and credit-rating upgrades, among others.

Maria Theresa Marcial-Javier, senior vice president and head of Asset Management and Trust Group of the Bank of the Philippine Islands, said during the Rising Stars of the Philippines forum held at the Solaire Resort and Casino on Thursday that the country’s FDIs “can only go up” as the Philippines recorded recent improvements in credit ratings, and business confidence and other economic rankings.