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The Philippines is No.1 for investment

The Philippines is No.1 for investment according to a new report.

A report by the World Bank Group underlined four key factors — A nation’s people, the environment, good relationships, and a robust framework — that motivate individuals and corporations to invest in a country’s infrastructure, natural resources, markets, technologies, skills or brands.

Acting on a report from the World Bank Group, U.S. News has ranked the best countries to invest in for 2018/2019..U.S. News surveyed over 21,000 people from 80 different countries, measuring them on 65 different values, including cultural influence, entrepreneurship, and quality of life. However, the U.S. News focused on just eight of the 65 attributes: 1/ entrepreneurship, 2/ economic stability, 3/ a favorable tax environment, 4/ innovation, 5/ skilled labor, 6/ technological expertise, 7/ dynamism, and 8/ corruption. .Over 6,000 participants responded to the survey.

20 – Chile

19 – France

18 – Brazil

17 – United Kingdom

16 – The Netherlands

15 – Ireland

14 – Turkey

13 – Uruguay

12 – Finland

11 – Czech Republic

10 – Oman

9 – India

8 – Thailand

7 – Spain

6 – Australia

5 – Singapore

4 – Malaysia

3 – Poland

2 – Indonesia

1 – Philippines

Population: 103.3 million

Total GDP: $304.9 billion

GDP growth: 6.9%

That is an astonishing 5 out of the top 10 countries are in South East Asia but the Philippines outranks all its neighbors. And the United States of America is nowhere to be seen on this list.

The rankings can be viewed here :https://www.businessinsider.com/us-news-best-countries-to-invest-in-now-2018-3?fbclid=IwAR1As1Q3v2kxONlvo_JXvyNR50t_GzP14-db0xrawXUDUSBZskjws1QUScE&utm_medium=referral&utm_content=topbar&utm_term=mobile&referrer=facebook#1-philippines-20

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Read this blog about sales of hotels in Boracay and Manila

The Philippines is No.1 for investment

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