INQUIRER: PH needs to do much more to attract investments, says Japanese diplomat
- Despite the glowing statistics on the economy, the Philippines should push harder to improve the country's investment climate as it continues to lag behind neighbors in Asia, a Japanese diplomat said here. In a pointed assessment of the country's economic stature in the region, Minister Akio Isomata of the Japanese Embassy's economic section said the Philippines "cannot afford to be complacent" amid the optimism generated by its standout growth rate of 6.6 percent in 2012. "Yes, its lagging behind. You cannot afford to be complacent in your current place.
- Despite the glowing statistics on the economy, the Philippines should push harder to improve the country's investment climate as it continues to lag behind neighbors in Asia, a Japanese diplomat said here. In a pointed assessment of the country's economic stature in the region, Minister Akio Isomata of the Japanese Embassy's economic section said the Philippines "cannot afford to be complacent" amid the optimism generated by its standout growth rate of 6.6 percent in 2012. "Yes, its lagging behind. You cannot afford to be complacent in your current place.
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