Asean...

the Philippines then why would they invest in the Philippines?” Concepcion said.

Concepcion said enhancing the country’s level of competitiveness, creating a business-friendly environment, and managing labor conditions are just some of the key factors that would ensure FDIs would continue to flow into the Philippines.

He said the biggest challenge not only for the country but even among all ASEAN economies at present is in making businessmen part of the region’s growing economy.

“It cannot be just the large corporations growing and the small guy’s staying where they are,” Concepcion said.