Download or read book Oil Discovery and Technical Change in Southeast Asia written by M. Rajaretnam and published by Institute of Southeast Asian. This book was released on 2018-06-11 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: The main purpose of this study is to analyse the role of foreign investment in the search for oil in the Philippines. In this respect, it analyses the outlook, views, conceptions and preconceptions of the Philippine Government, the Philippine Congress, private enterprise and the public toward private foreign investment in the field of oil exploration. The Philippines was chosen as a case study because of its somewhat unique position of being about the only country in the region which does not have any of the big international oil companies looking for oil within its territory, especially at a time when these same companies are making intensive explorations for oil elsewhere in the region.