Around 56% of Filipinos believe that complicated rules and regulations, such as red tape and changes in government policies and regulations, is the main reason foreigners are discouraged from investing in the Philippines, a Pulse Asia poll showed.
The Pulse Asia survey, conducted last March 6 to 10, also stated that the second reason is restrictive rules on foreign ownership at 55%, followed by corruption in the public sector at 46%.Other reasons cited by respondents include inadequate transport infrastructure at 40%, the high cost of electricity at 37%, inadequate telecommunications infrastructure at 32%, and insufficient incentive for investors at 21%.Only 2% of respondents refused to give an answer.
”Pulse Asia, in a statement released on Tuesday, May 7, said that the rider questions on reasons hindering foreign investment and possible outcome of increased foreign capital were added by Stratbase-Albert del Rosario Institute in addition to Pulse Asia’s questions on current proposals for changing the Constitution.“We offer a brief description of the results of these rider questions since they have been publicized or were partially cited in a commentary by a Stratbase-ADRI official.
Pulse Asia Charter Change Money Stratbase ADR Institute For Strategic And Interna
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