Why Philippines is not a favourite tourist destination ?

[grahamw48]

Good point.

I agree.

It would be nice to see the kind of foreign (manufacturing) investment that used to be put into the Phils economy a few years ago, rather than a few unsympathetic foreigners simply moving in and buying up the 'best bits'.

Again, the corruption aspect of Philippine society would need to be cleaned up a little to encourage that. Now of course there is corruption throughout business and commerce all over the world. The level has to be 'acceptable' though, and the country perceived to be 'stable'.
Unfortunately wage rates will always be the ultimate decider, and there is currently a lot of competition out there.

[sweetnote143]

It would be nice to see the kind of foreign (manufacturing) investment that used to be put into the Phils economy a few years ago, rather than a few unsympathetic foreigners simply moving in and buying up the 'best bits'.

Again, the corruption aspect of Philippine society would need to be cleaned up a little to encourage that. Now of course there is corruption throughout business and commerce all over the world. The level has to be 'acceptable' though, and the country perceived to be 'stable'.
Unfortunately wage rates will always be the ultimate decider, and there is currently a lot of competition out there.

[malditako]

Good point.

I agree.

It would be nice to see the kind of foreign (manufacturing) investment that used to be put into the Phils economy a few years ago, .

too far to happen as most of manufacturing firms have been moved to thailand or indonesia as the labour is cheaper than phils. another problem is the strong work union that has been a pain in the .... among companies.