The Philippines’ investment prospects remain particularly favorable but reforms are needed to lure more foreign businesses, the Bangko Sentral ng Pilipinas (BSP) said.

“There is a huge potential in attracting further FDIs (foreign direct investments), which can put the country at par with the large levels of FDI seen in neighboring Asian countries,” it said in a statement on Thursday.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details