The World Competitiveness Yearbook last May revealed that out of 57 countries, the Philippines ranked 43rd in competitiveness, the worst among 13 Asia-Pacific countries. Based on four lead factors, we ranked 56th in supply infrastructure, 51st in economic performance, 42nd in government efficiency, and 32nd in business efficiency. The Global Competitiveness Index, published by the World Economic Forum last year, reflected equally depressing results—we ranked 71st out of 134 countries surveyed…
In February 2008, the Hong Kong-based Political Economic Risk Consulting Group ranked the Philippines 8.35 in terms of corruption risk, “1” being the best score and “10” the worst… Transparency International’s Corruption Perception Index shows the Philippines suffering a significant deterioration in the eyes of the foreign community as its CPI continuously declined from a range of 40-55 during the 1995-1998 period to an embarrassingly low level of 102-141 from 2004-2008. It is sad to hear statements that the Philippines is perceived as the most corrupt nation in Asia.
- Jose L. Cuisia Jr., a trustee of the Makati Business Club and chair of the Coalition Against Corruption, Business Matters: Business unhappy with Arroyo performance
