Data shows that while the Philippines was even considered more restrictive than China, our FDI went up. When China was deemed most restrictive, their FDI went up. Our FDI doesn’t seem to depend on restrictiveness, but on perceived corruption.
President BBM has started off on the wrong foot, what with an inaugural address that was filled with FC and/or IS and/or E. That stands for False Claims, Inaccurate Statements, and Exaggerations. Let’s take a look at some of them: