|The Philippines - Economy|
The Philippines has a business-friendly economy that allows 100% foreign ownership in almost any sector of investment. The country's economic growth has not shown any signs of slowing down especially with the continuous growth of the Outsourcing & Offshoring industry. Government corporations are being privatized and deregulation of banking, shipping, power and other industries are helping to maintain the economy's stability and to ensure its future growth.
For more information about the latest economic indicators and trends in the Philippine economy, see the DTI Philippine Business Reports.