MIKE WOOTTON
I’ve been seeking to encourage overseas direct funding in the Philippines for quite a few years. Whilst I suppose in some small way those efforts might also have stimulated some funding, such as my very own non-public investments, I have to say that they’ve no longer been the fulfillment or acted as the magnet for similarly funding that they possibly could have been. The Philippines isn’t always an clean enterprise surroundings for all kinds of motives.
FDI is regularly portrayed as an attack on sovereignty, it stimulates thoughts about colonization and that foreigners could be taking gain of the Filipino human beings a good way to make income for shareholders that exit of the united states. It can start to look like a few form of rape or economic colonisation. There is some justification supported by case examples for all of the foregoing mind.
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