President Gloria Macapagal-Arroyo encouraged the private sector to continue investing to help protect the country from the impact of the global economic crisis.
At the Philippine Economic Briefing, Arroyo says that cooperation between government and private sector is necessary to survive the economic storm that affected the world.
The President said the country is ripe for investment because is in a better economic position as compared to others because of the economic reforms instituted in the past years. (PIA-MMIO)