Guinigundo also referenced research showing that every $1 million invested on traditional information generates between two and eight employment.
TO recover from both the immediate and long-term repercussions of the Covid-19 pandemic, the incoming administration must transform the Philippine economic paradigm from services-led to 'The Investment Imperative,' a former central banker stressed.
He believes that only investment-led growth would give the Philippines the impetus it needs to confront its health problem and begin its economic recovery.'This can be done through improving the investment climate — specifically, through governance and better infrastructure.'Guinigundo identified the pull factors, which are country-specific qualities that define an investment destination's attraction.
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