The Philippines landed as the third best country in the world to invest in or do business for 2019, this according to the CEOWORLD magazine. It came after Malaysia in first place and Poland which took silver. Indonesia (No. 4) and Australia (No. 5) completed the top five among 67 countries.
The rankings were based on a survey and statistical data on 11 different factors including corruption, freedom , workforce, investor protection, infrastructure, taxes, quality of life, red tape, and technological readiness. Each factor was equally weighted and classified under the general categories of Economic Stability, Government Policies, Skilled Labour Force, Institutional Framework, Education and Research, Market Potential, and Trade Openness.
India, Czech Republic, Spain complete the top ten. The United Kingdom, the United States, China, and Japan ranked 16th, 18th, 24th, and 32nd, respectively, among the world’s best countries to invest in or do business for 2019.
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Philippines ranks third best country to invest inThe Philippines landed as the third best country in the world to invest in or do business for 2019, this according to the CEOWORLD magazine. It came after Malaysia in first place and Poland which took silver. Indonesia (No. 4) and Australia (No. 5) completed the top five among 67 countries.
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