[B]ut surely, the large boom capacity is appealing for overseas traders. Certainly, sentiment may additionally get stricken by political elements,” he stated.
Moody’s Analytics economist Jack Chambers stated the FDI data reaffirms the view that the Philippines stays an attractive vacation spot for foreign traders.
“The strength in intercompany borrowing is an indication that foreign companies also are superb about the Philippines, future financial prospects,” he stated.
It also indicates that President Rodrigo Duterte’s feedback approximately different international locations did now not sincerely have an considerable impact on FDI, Chambers introduced.
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