1/12/2014

The Philippine central bank reported a 35.3% rise in foreign direct investment over the first 10 months of 2013, and the government vowed to focus on improving the business climate in specific areas to pull in more FDI this year. "Those who are already here, who are seeking to expand and those who are outside but would want to place their investments here would see that they will get a pretty level-playing field," said Deputy Presidential Spokesperson Abigail Valte.

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