: PhilippinesThe Philippines is currently one of the best performing economies in the ASEAN share with a GDP of 6 .9 in 2007 (The Economist , 2008 This may be attributed to the presidency s approach towards stinting and fiscal reforms such(prenominal) as the implementation of higher Value checked Taxes (The Economist , 2008 . provided , peace and may electrostatic be on the litigate of bewilderting a resolution due to slow occur of arrangements with the MILF together with the problems about terrorist group Abu Sayyaf . Still , the Philippine prudence holds as one of the best investment climates in the piece in light of the government s cutting of interest range . Primarily , the country is very strong in consumer and service sector followed by manufacturing (The Economist , 2008In terms of the economic conditions of the contiguous countries Thailand still experiences a strong economic stability in terms of foreign investment measures . The inflation rate is still manageable but the country is faced with problems on governmental uncertainties (The Economist , 2008 . The country however is very strong in sectors exchangeable tourism and manufacturingSingapore also has a very broad(a) investment climate because of stabilized government policies just like before . Foreign investors are still keen on entering the market which is especially strong in manufacturing , IT and municipal consuming (The Economist , 2008Comparatively , the three countries do not really compete with each other since they all belong in the ASEAN economic block .
Although each nation has its own economic strengths , all of them follow the agreed procedures of sharing investment structures as part of the ASEAN s organization policyIn investing in the Philippines , an investor s main assertable issue is with regards to the current strengthening of the Peso . Primarily this reflects a weakened US horse which can make it trying for a foreign investor to maximize the investment values . Add to that the increasing dollar remittances from the country s overseas workers which devaluates the US dollar more . In terms of business management , at that place are no actual foreseen problems since the government does not intervene in privately segmented investments (The Economist , 2008ReferencesThe Economist . 2008 . dry land Briefings : Pros , Forecasts , Statistics Retrieved January 27 , 2008 from http /www .economist .com /countries : Philippines PAGE 2...If you want to get a full essay, order it on our website: Ordercustompaper.com
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