09 Mar The Philippines Ranked as the World’s Top Investment Destination By World Bank Group
According to a US News report, the World Bank Group has ranked the Republic of the Philippines as the top destination for investments.
Photo by MEB Philippines.
The World Bank Group is an international financial institution that provides loans to countries of the world for capital programs. Periodically, they conduct surveys to determine the standing of many countries on Earth, measuring each for performance on entrepreneurship, economic stability, favorable tax environment, innovation, skilled labor, technological expertise, dynamism, and corruption. And Philippines gained the TOP spot.
Moreover, according to US News, the Philippines is expected to receive more Foreign Direct Investments from neighboring countries soon.
Source: Mindanao Economic Boom, MEB Philippines
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