The Philippines ranked as the world's third fastest-growing economy for intangible investments, according to a report from the World Intellectual Property Organization (WIPO). The finding was reported by Philstar Biz.
Intangible investments include assets such as intellectual property, research and development, and digital infrastructure. The Philippines' strong performance highlights its growing emphasis on knowledge-based industries and innovation-driven economic activities.
The WIPO report underscores the country's potential to attract further investment in technology and creative sectors, positioning it competitively in the global intangible economy.