By Cielito F. Habito

The Philippine Daily Inquirer-Sept 20

There are no ifs and buts about it: The news on overall investment in the country isn’t good. For the first time in 30 quarters (seven and a half years), fixed capital formation in our economy actually fell, registering -8.5 percent growth in the second quarter of this year. The term refers to total real investment, whether domestic or foreign, public or private—i.e., the kind that creates jobs, and not those that simply make money grow out of speculative market forces in the bond or stock markets (called portfolio investments).  Read more: https://opinion.inquirer.net/124079/a-worrisome-slide#ixzz6052LBu7J