Mike Wootton
This is about dysfunctionalities in the way the Philippines business system operates. Most people have known for a long time that making new business in the Philippines is not easy for most people, but it is only recently that they have started to actually speak out—it is another area requiring more drastic action than the current administration is probably capable of taking, if the Philippines is ever to grow to achieve a real investment grade business environment, as opposed to the much hyped and facile prognostications of the rating agencies.