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Philippines has perfect investment climate

There are expansion opportunities for Singapore companies not just in Manila, but in places such as Cebu province, says the Philippines-Singapore Business Council

The Philippines' economy has been growing at an average of 6.5 per cent for the past five years. Its gross domestic product has expanded 5.3 per cent for the first six months of this year, with full-year growth likely to be between 6 and 6.5 per cent.


THE time is ripe for Singapore companies to invest in the Philippines, with scores of lucrative opportunities available in key areas such as logistics, port management and infrastructure.

This is according to some senior members of the Philippines-Singapore Business