Capital investment in the Philippines surging past the rest of Southeast Asia
By Staff Reporter
Nov 29, 2017 02:53 PM EST
Funding
Capital investment in the Philippines is surging past the rest of Southeast Asia as the government and firms ramp up spending.
In the first nine months of this year, net physical assets in the Philippines grew 10.4 percent from a year earlier. That compared with a 6.9 percent increase in Malaysia and 5.8 percent gain in Indonesia, according to data from statistics offices.
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