Aside from the geographic advantage and the “independent” foreign policy of the Philippines, Rodolfo cited the Philippines’s demographics among the country’s advantages in attracting foreign investments.

Source: https://businessmirror.com.ph/2023/02/13/pbbm-flies-home-from-japan-touts-13-b-economic-bonanza/

Further, foreign direct investments from Taiwan amounted to $21.18 million, positioning it as Philippines’s 10th largest investor.

Source: https://businessmirror.com.ph/2023/05/26/taiwanese-manufacturing-firms-keen-on-expanding-philippine-operations/

In 2022, Australia was the Philippines’s 14th top trading partner (out of 231), 18th export market (out of 213), and 12th import supplier (out of 216), with total trade of US$3.4 billion.

Source: https://businessmirror.com.ph/2023/04/28/phl-australia-bolster-opportunities-for-collaboration-in-re/

Last month, for example, China Coast Guard vessels a Philippine patrol vessel near the Philippines’s Second Thomas Shoal in the South China Sea after commanding it to leave.

Source: https://foreignpolicy.com/2023/05/15/russia-china-arctic-cooperation-svalbard/

The British envoy said the Philippines’s share in the billion-pound BIP fund will rely on the projects where UK companies will be keen in placing their monies.

Source: https://businessmirror.com.ph/2023/04/06/uk-offers-8-b-investment-partnerships-funding-for-phl/

The Philippines’s corn production needs to double to meet local demand and ensure that it will be unaffected if there is a global supply imbalance.

Source: https://mb.com.ph/2023/02/08/maximize-phil-sino-center-by-including-research-on-corn-to-increase-local-supply/?utm_source=rss&utm_medium=rss&utm_campaign=maximize-phil-sino-center-by-including-research-on-corn-to-increase-local-supply