Sunday, March 31, 2013

MANILA TIMES: PH still lags in competitiveness, governance
- "The Philippines has large favorable factors because it has macroeconomic stability, abundant natural resources, and a large working-age population. However, it needs to improve its governance, competitiveness and attractiveness to investments," Dr. Anoop Singh, director of the Asia and Pacific Department of the IMF said. In a recent seminar-forum co-organized by the Philippine Institute for Development Studies (PIDS), the IMF and BSP, Singh also said that growth in the Philippines does not show much robustness as compared to other Asian countries.

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