Monday, February 11, 2013

TRIBUNE: NOY GROWTH HYPE FAILS TO BRING IN INVESTORS FOREIGN INVESTMENTS PLUMMETS 72% IN NOV. -
Are Pres Aquino and his economic managers cursed or have all investors decided from the country because of the anti-business policies of the Aquino administration? This is the question that any ordinary Filipino might ask the government after foreign direct investments (FDIs) CRASHED 72.1 percent in November last year to just $102 million from $366 million in November 2011 bringing the total 11-month investments figure to a paltry $1.1 BILLION, which is among THE LOWEST FOREIGN CAPITAL A COUNTRY RECEIVED IN THE REGION. While President Aquino continues to BOAST about the FOREIGN INVESTORS QUEUING TO THE COUNTRY at the first sign of trouble or an improvement in the economy of developed countries. 

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