As there are many interested foreign investors, there are also many horrendous stories of Filipino businessmen duping foreign investors. Duterte should pursue corporate reformLEADERS and sectoral groups have been calling for a change in the 1987 Constitution. Taking the cue from leading Asean economies like Singapore, Malaysia and Indonesia, the Philippines should be able to attract foreign capital. Yet here are foreign investors believing in the potentials of the Philippines and still face risks in putting their money into our system. A rising stock of capital could imply an increasing technological capacity for the country.”Under the present constitutional system, foreign investors are minority shareholders.

Source: Manila Times July 18, 2016 14:37 UTC