RP tagged as most corrupt Asian economy
Gloria belittles HK firm’s survey
BY JOCELYN MONTEMAYOR
FOREIGN businessmen perceive the Philippines as the most corrupt economy in Asia, a survey conducted by the Hong Kong-based Political and Economic Risk Consultancy (PERC) showed.
President Arroyo shrugged off the results of the survey that said the Philippines "has the distinction of being perceived in the worst light this year," edging out perennial bottom dweller Indonesia.
The survey was conducted in January and February covering 1,476 foreign business executives from 13 countries and territories.
The Philippines got a score of 9.40 under a grading system which has zero as the best possible score and 10 as the worst. The Philippines scored 7.80 last year.
Indonesia and Thailand, both with a grade of 8.03, shared the spot as Asia’s second most corrupt nations.
Wednesday, March 14, 2007
RP tagged as most corrupt Asian economy
This is so sad. From the Malaya:
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The president during those terms had been into several corruption controversy no wonder why the economy of the country during that term had worsen. The country needs a leader that will focus more on how to improve the economy, for ones the economy improves jobs will be created.
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