Philippines has been a consistent player among the world's strongest economic venues for large scale businesses and investments. More and more foreign investors are lured to invest in the country because of its booming economy since the first quarter of 2018.
According to Business Insider, U.S. News released their 2018 Best Countries ranking. U.S. News surveyed more than 21,000 people worldwide to determine the overall list.
"For the best countries to invest in ranking, U.S. News focused on just eight of the 65 attributes: entrepreneurship, economic stability, favorable tax environment, innovation, skilled labor, technological expertise, dynamism, and corruption. Responses from over 6,000 survey participants — who act as decision makers in business around the globe — were then used to determine the ranking."