Why some foreign companies leave Philippines

The Philippines has advantage compared with other countries. The skill level in the Philippines is quite high. Productivity is also high. So some of the international companies are interested to invest here in Philippines

But some foreign companies were complaining about the higher cost of doing business as well as the lack of incentives in the country, prompting some of these companies to pack up and leave the country for other countries like Vietnam’ where they can find lower costs and an easier way of doing business.

 

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