{
  "docId": "019dd923-5ca1-7489-b636-720e80254801",
  "docSlug": "f3e36b18b812595c",
  "documentTitle": "Doing business in the Philippines 2021",
  "authorId": "Deloitte",
  "authorName": "Deloitte",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "strategy_consulting",
  "sourceTypeLabel": "Strategy consulting",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 44,
  "pageCount": 67,
  "prevPage": 43,
  "nextPage": 45,
  "slideType": "section_divider",
  "function": "establish_context",
  "density": "overcrowded",
  "nDataPoints": 3,
  "notes": "Slide 05 in a deck, page 44.",
  "elementsJson": [
    "paragraph",
    "photo"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5ca1-7489-b636-720e80254801/44",
  "deckHref": "/decks/019dd923-5ca1-7489-b636-720e80254801",
  "deckJsonHref": "/decks/019dd923-5ca1-7489-b636-720e80254801.json",
  "deckAnchorHref": "/decks/019dd923-5ca1-7489-b636-720e80254801#slide-44",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "The COVID-19 pandemic led to declining foreign direct investment (FDI) inflows across the region, although the Philippines remained relatively resilient, with its full year net FDI inflows declining by 24.6 percent.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd951-c23a-740d-979b-22a397d329ef",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.804,
        "w": 0.395,
        "x": 0,
        "y": 0
      },
      "kind": "image",
      "text": null,
      "attrs": null,
      "subkind": "photo",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "09775429-fd39-49fb-8d1a-b57f7f3093eb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "FDI inflow decline: 24.6%",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd951-c23a-740d-979b-277ff3ab144b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.118,
        "w": 0.25,
        "x": 0.431,
        "y": 0.547
      },
      "kind": "paragraph",
      "text": "Looking at the different sectors, data on 2019 approved foreign investments indicates that these were centered on the telecommunication, power, and manufacturing sectors. The Board of Investments sees this trend continuing into 2021, forecasting stronger investments in telecoms, water and power, road, ports, and other infrastructure.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "069b94f9-ece2-44ba-8d37-e192e042bc4f",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.118,
        "w": 0.53,
        "x": 0.431,
        "y": 0.216
      },
      "kind": "paragraph",
      "text": "The COVID-19 pandemic led to declining foreign direct investment (FDI) inflows across the region, although the Philippines remained relatively resilient, with its full year net FDI inflows declining by 24.6 percent, compared to the overall Southeast Asia contraction of approximately 31 percent.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5a8577a1-522b-4adf-bff8-2f3c0fe98946",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.155,
        "w": 0.25,
        "x": 0.668,
        "y": 0.381
      },
      "kind": "paragraph",
      "text": "Meanwhile, various initiatives are expected to bolster the country's foreign investment landscape. If passed, key economic reforms such as proposed amendments to the Foreign Investment Act, Public Service Act, and Retail Trade Liberalization Act will open up various segments to foreign investors through changes to the 11th Foreign Investment Negative List (FINL).",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "830e1a29-51c3-41eb-ad0d-4df2df22cc01",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.1,
        "w": 0.25,
        "x": 0.668,
        "y": 0.588
      },
      "kind": "paragraph",
      "text": "The new Investment Priorities Plan (IPP) has also been signed. The IPP is the country's policy document indicating the sectors of the economy that are considered investment and development priorities of the state, with the latest version expected to align with the country's overall economic goals.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "a1a8f4cc-64a3-4893-a385-230e57829c21",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.118,
        "w": 0.25,
        "x": 0.431,
        "y": 0.385
      },
      "kind": "paragraph",
      "text": "The Department of Trade and Industry remains confident in the nation's economic rebound in 2021. The Philippines' Board of Investments registered US$20.2 billion in new committed investments in 2020, which are expected to start coming in in 2021 and 2022.",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "b7fff71f-bbe4-4671-a6f2-a7289c590725",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.075,
        "w": 0.332,
        "x": 0.038,
        "y": 0.098
      },
      "kind": "title",
      "text": "05 Foreign investments",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "8ce80660-3d60-44d3-8dcd-7650c2850ac7",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [
    {
      "metricRaw": "FDI inflow decline",
      "numberRaw": "24.6%",
      "numberKind": "percent",
      "actionTitle": null,
      "calloutText": "The COVID-19 pandemic led to declining foreign direct investment (FDI) inflows across the region, although the Philippines remained relatively resilient, with its full year net FDI inflows declining by 24.6 percent.",
      "numberScale": null,
      "numberValue": 24.6,
      "metricFamily": "other",
      "numberCurrency": null
    }
  ],
  "tools": [
    {
      "name": "Audience Definition",
      "slug": "audience-definition",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "8e721dd5-b1ec-4ef0-b1b4-57f18b5c3f79",
      "evidence": "the nation's economic rebound in 2021",
      "confidence": 0.7
    },
    {
      "name": "Data Story Arc",
      "slug": "data-story-arc",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "e84e02b0-990b-4b35-9726-be80fa702956",
      "evidence": "declining foreign direct investment (FDI) inflows across the region, although the Philippines remained relatively resilient",
      "confidence": 0.6
    },
    {
      "name": "Opening Hooks",
      "slug": "opening-hooks",
      "agent": "Storyteller",
      "layer": "slide",
      "matchId": "019de8a0-44e6-74ac-b42f-8ac3e6d65255",
      "evidence": "divider opens with -24.6% FDI decline metric",
      "confidence": 60
    }
  ],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 51,
      "from": 39,
      "beatId": "019de8a0-39dc-761f-9b3d-a3283b0bdae7",
      "arcName": "The Consultant's Gambit",
      "arcSlug": "consultants-gambit",
      "beatName": "Evidence & Proof",
      "beatSlug": null,
      "evidence": "M&A volumes, FDI inflows, PPP project pipeline as proof of activity",
      "position": 4,
      "confidence": 70,
      "parentBeatName": null,
      "parentBeatSlug": null
    },
    {
      "to": 51,
      "from": 39,
      "beatId": "019de8a0-3a7e-721d-84e5-997df7313fbd",
      "arcName": "The Triple Take",
      "arcSlug": "triple-take",
      "beatName": "The Implications (So What)",
      "beatSlug": null,
      "evidence": "Deal flow and FDI patterns reveal opportunity zones",
      "position": 2,
      "confidence": 55,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [
    {
      "to": 47,
      "from": 44,
      "name": "Benchmark Gap",
      "slug": "39-benchmark-gap",
      "bestFor": "Performance improvement, competitive analysis, target setting",
      "matchId": "019de8a0-3c08-7700-94d6-d380c281bbe8",
      "evidence": "p44 FDI decline narrative, p45 inflow chart, p46-47 FINL and incentives positioning",
      "position": 9,
      "objective": "Position Philippine FDI vs region and clarify access rules",
      "structure": "Our Performance -> Industry Average -> Best-in-Class -> The Gap = The Opportunity",
      "confidence": 65,
      "description": "Compare performance against best-in-class to quantify the opportunity"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}