In skuggen of killings in the war on drugs and various publicized statements from President-elect Rodrigo Duterte as booming national economy.
The Philippines, which proved up to an annual growth of over six percent for six consecutive years, showed a growth of seven percent for the second quarter of this year, the highest in the world of the countries that reported their figures.
Department stores, fast food restaurants and banks testifies plans a rapid expansion in the country, and Pledges investments in infrastructure hailed by the companies.
– I think that the infrastructure will grow very quickly. (…) Money will be available. An iron fist will be behind them, says Henry Schumacher at the European Chamber of Commerce in the Philippines.
In addition to infrastructure investments have Duterte vowed to reduce income tax and corporation tax.
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