Skip to main content

Philippines ranks as third best country for investment

The Philippines landed as the third best country in the world to invest in or do business for 2019, this according to the CEOWORLD magazine.  It came after Malaysia in first place and Poland which took silver.  Indonesia (No. 4) and Australia (No. 5) completed the top five among 67 countries.
Paseo de Roxas, Makati City (WIKIPEDIA)
Paseo de Roxas, Makati City (WIKIPEDIA)
The rankings were based on a survey and statistical data on 11 different factors including corruption, freedom (personal, trade, and monetary), workforce, investor protection, infrastructure, taxes, quality of life, red tape, and technological readiness. Each factor was equally weighted and classified under the general categories of Economic Stability, Government Policies, Skilled Labour Force, Institutional Framework, Education and Research, Market Potential, and Trade Openness.


 The Philippines ranked first in Skilled Labour Force (85 points) and Institutional Framework (85 points). It tied at 8th in Economic Stability (78pts), tied at 15th in Government Policies (70 points), tied at 15th for Education and Research (68 points), tied for 22nd for Market Potential (60 points), and tied for 10th for Trade Openness (73pts). The country received the same score as the US in Labour Force.  She also tied Turkey and Saudi Arabia in the
Institutional Framework.It is worth noting that Singapore placed 6th and Thailand made it to 10th place.  Malaysia, Philippines, Indonesia, Singapore and Thailand are the founding members of the Association of South East Asian Nations (ASEAN) and they all ranked in the top ten.  The ASEAN endeavors to form a single economy along with the rest of its members — Brunei, Vietnam, Cambodia, Myanmar and Laos.


 India, Czech Republic, Spain complete the top ten. The United Kingdom, the United States, China, and Japan ranked 16th, 18th, 24th, and 32nd, respectively, among the world’s best countries to invest in or do business for 2019.
The Top Ten with their Averages:
1st        Malaysia (85.8)
2nd       Poland (85.2)
3rd        Philippines (84.6)
4th        Indonesia (84.4)
5th        Australia (84.1)
6th        Singapore (83.7)
7th        India (83.6)
8th        Czech Republic (82.6)
9th        Spain (81.9)
10th      Thailand (81.6)


 Each year, CEOWORLD magazine ranks the world based on a variety of categories ranging from the world’s richest people to the best universities, top companies, and top executives.
Source and Original Article:>>>  Manila Bulletin

Comments

Post a Comment
Related Posts Plugin for WordPress, Blogger...

Popular posts from this blog

Duterte arrives in Japan for 4-day visit

Photo from Google Images President Rodrigo Duterte safely arrived in Tokyo for his third official visit in Japan on Tuesday night. Duterte's plane touched down at Haneda International Airport at 8:52 p.m. (local time). He was accompanied by 16 Cabinet members and some 200 delegation. Philippine Ambassador to Tokyo Jose Laurel V earlier said that this could be a "reward" for Duterte's Cabinet officials after the favorable results of the midterm elections to the administration. Laurel, however, clarified that the trip was "not a junket." Executive Secretary Salvador Medialdea said each Cabinet official in the delegation has trade missions to accomplish. The President is set to spend time with Japanese businessmen on Wednesday and the Filipino community there on Thursday. Duterte is scheduled to hold talks with Japanese Prime Minister Shinzo Abe and will speak at the 25th International Conference on The Future of Asi...
Post a Comment
Read more

Another problem of PNoy that Duterte’s solving: The 11-M undone license plates

Former President Noynoy Aquino, The Land Transportation Office plate making facility and President Rodrigo Duterte. Image combined credit to PhilStar, Atimes.com It was controversial at the time, the newly proposed and designed license plates of the administration of former President Benigno Simeon “Noynoy” Aquino III. Yet due to illegalities with the contract that Aquino had with the Dutch-Filipino Consortium PPI-JKG Philippines Inc. which didn’t pay taxes, the Supreme Court, on June 14, 2016, halted the release of license plates. How much did the consortium owe the government in taxes? P40 million! This and related photos are posted in the FG pages of Top Gear PH This irresponsibility lead to the hold up of the release of the plates which reached almost 2 years. But with the Supreme Court lifting the halt order on January 2018, 700,000 license plates are destined to be distributed by the Land Transportation Office (LTO). DOTr and LTO have started the ...
Post a Comment
Read more

Forbes news journalist: Australia produces dirtiest players in NBA

Photo from  Zimbio.com News writer and commentator Mitch Lawrence through an article written for Forbes, said that if there is one thing Australia is good for when it comes to NBA, it would be exporting dirty players. The journalist named a few players, one of which is Matthew Dellavedova, the Cleveland Cav’s third-year reserve guard, who was voted as the league’s dirtiest player in a poll by the Los Angeles Times. n a game against Golden State in Cleveland, Dellavedova secured 13 votes, largely off last season’s playoffs, when he became embroiled in several controversial plays during the Cavs’ run to the Finals. Another Aussie finished in the top three. Golden State center Andrew Bogut finished with five votes. Sandwiched in between the Aussies is Oklahoma City center Steven Adams, from New Zealand, who got seven votes. “So what the heck is going on Down Under – and nearby in the land of the Kiwi, anyway?” The journalist quoted said Sixers coach Brett Brown...
1 comment
Read more