Swedish firms bullish on PH despite corruption concerns

MANILA, Philippines – Swedish firms are more willing to expand investments in the Philippines than anywhere else globally, a new business climate survey showed, despite lingering concerns over corruption and governance.

In its 2026 Business Climate Survey, Team Sweden in the Philippines found that 63 percent of Swedish firms plan to increase investments in the country over the next 12 months.

READ: Philippines eyes Swedish investments in energy, digital technology

Article continues after this advertisement

The share of firms planning to expand investments surpassed the 21 percent that expect no change and the 8 percent considering cuts or an exit. It also improved from 55 percent in the previous survey.FEATURED STORIES