PH needs 'strong, stable' gov't to lure investors: analyst

ABS-CBN News

Posted at Nov 27 2017 03:52 PM | Updated as of Nov 29 2017 06:25 PM

MANILA - The Philippines needs a strong and stable government to attract foreign investments and boost the economic growth, a former US ambassador to the Asian Development bank said Monday. 

A strong government, however, doesn't mean embracing authoritarian systems like those in Vietnam and China, said Curtis Chin, who is also a fellow at the Milken Institute

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Chin said the Philippines needed to address concerns over the bureaucracy, regulation, and corruption for businesses to thrive.

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