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'Great potential' to boost S'pore-Philippines trade, investment

Noting "close bilateral relationship", SBF head calls Philippines an important overseas destination for S'pore businesses

Lee U-Wen

Published Fri, Dec 16, 2016 · 09:50 PM

Rodrigo Duterte

Singapore

THE Philippines is both one of Asia's fastest growing economies and a newly industrialised country, and there is "great potential" for Singapore to further two-way trade and investment in the coming years.

Singapore Business Federation (SBF) chairman Teo Siong Seng made this point on Friday shortly before he led a group of Singapore business leaders to meet visiting Philippines President Rodrigo Duterte.