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...FDI into the Philippines has averaged $1.6bn annually in the past three years, one of the lowest in south-east Asia, and President Gloria Macapagal Arroyo says she wants to double this by the end of her...
...Dennis Arroyo, a senior government economist, said We’re now at home with some of the fastest growing economies in Asia. That should encourage more foreign investments to enter into the country.”...
...“If agriculture recovers from the prolonged drought and posts its usual growth rate of 5.1 per cent in the second half, then we'll get 5.3 per cent,” said Dennis Arroyo, a senior government economist....
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