HOW TO EARN THE TRUST OF INVESTORS TO INVEST IN THE PHILIPPINES??

http://www.rappler.com/business/7281-fitch-below-investment-grade-rating-for-ph-stays

Our best investment rating is when our own people are investing here because doing business is good in our country. BUT ARE OUR OWN PEOPLE INVESTING??? If we can not trust our own country with our own investments, much less the foreigners!!!

Fitch: below-investment grade rating for PH stays

www.rappler.com

Despite efforts of the economic managers to highlight the government's governance and anti-poverty efforts, credit agency Fitch Ratings decided to keep its current below-investment grade rating, at least for now

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PublicFriendsOnly MeCustomClose FriendsUniversity of the Philippines DilimanSee all lists...self employedQuijada family..Ateneo de DavaoManila AreaFilipino PeopleFamilyAcquaintancesGo Back

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    Mayo G. Lopez That is the sad part Rey. Foreigners have greater faith in us than we have in ourselves...
    

    22 minutes ago ·  · 1
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    Reynaldo Quijada 
    

    If our own people are not investing, why? What could be the reason?? Could it be due to high cost of doing business? In Agusan Sur, you have to spend ONE MILLION PESOS to secure a permit from the DENR Manila to mill planted specie trees Falcatta which are planted abundantly by tree farmers.
    
    To secure a driver's license at LTO, one has to cough up 3,500 PESOS when it only costs less than a thousand pesos.
    
    Who wants to invest under this business climate??
    
    PNoy needs somebody to focus on these nitty gritty of good governance who has a proven track record like Ping Lacson perhaps??
    
    
    Marlene Damolo Howe 
    

    To increase investment in our country first of all, the president needs to curb corruption in every department. Right now, the common complaints I hear from both local and foreign investments is too many RED TAPES! Tapos, bago piperma ng permit or whatever document one needs, one hand is holding a pen while the other hand is reaching out waiting for you to give them "padulas" money. This is detrimental to our progress and only discourage investors.
    
    
    Louie Bobby Flores Rey, Philippine goverment should step up in winning the hearts of the filipino people first. They should start to portray a very good image abroad like irradicating corruption (w/c i guess is close to impossible), Lessen poverty and developing affordable health assistance to all Pinoys. You just said the key word.... TRUST...