Professional Documents
Culture Documents
1.The economic turmoil in Asia barely dented the international appeal of the Philippines to foreign
investors.
2. This appeal even firmed up the Philippine grip as the best source of skilled labor worldwide.
3. The International Management Development (IMD) ranked corporate managers as one of the top ten
in Competence and International exposure.
4. The high cost of funds, unavailability of capital and relatively weak trade performance pulled down
competitiveness in Asian countries hit by the currency crisis.