Camarines Sur Rep. LRay Villafuerte said despite the investment-friendly laws approved by Congress, foreign direct investment in the Philippines remains dismal due to the Constitutional restriction.
House Committee on Ways and Means chairperson and Albay Rep. Joey Salceda said the 43.8% growth in foreign direct investment (FDI) is good news since it demonstrates that the country is on its way to recovery.
Senator Loren Legarda on Tuesday said she sees a more robust economy and better opportunities for Filipinos after the Philippines has been chosen as the “best country” to invest in.
