European businessman shares 2019 investment outlook for Philippines

ABS-CBN News

Posted at Dec 28 2018 06:26 PM

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MANILA - While there has been an increase in net foreign direct investments during the Duterte administration, the Philippines is still lagging behind its Southeast Asian neighbors in this aspect.

The country's global doing business ranking also went down by 25 notches, the largest decline in the region so far.

In this interview with ANC's Market Edge, European businessman Guenter Taus shares what he thinks will be in store for the Philippines in 2019 in terms of investments.