Let foreign investments boost the Philippines

Feeling the heat: A vendor preparing his umbrella as hot days continue in Manila. Businesses’ less-than-upbeat sentiment is justified as they are directly at risk, and suffer from the constraints and roadblocks that keep the economy from achieving its full potential. — AP

MANY problems keep the ordinary Filipino up at night. A recent Pulse Asia survey commissioned by the Stratbase Institute said seven in 10 Filipinos are deeply concerned with the escalating inflation crisis. This concern is first on the list of respondents’ urgent national concerns.

Worse, 74% of respondents believe that the current administration’s response to this concern is inadequate.