Reforms in the manufacturing and banking sectors will attract more foreign direct investments (FDI) to the Philippines, the Finance department said on Wednesday, discounting a decline seen in the latest data as a “blip.”
“The small decline in 2015 may just be a blip considering that FDI has been rising 53.1 percent annually for three years, 2012 to 2014,” the department said in its latest Economic Bulletin.
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