Aquino urges investors to bet on Philippines
Go in now, not later, he says; the Philippines has grown by 6.5% on average since 2010
Manila
PHILIPPINE President Benigno Aquino on Monday urged foreign investors to seize the many business opportunities available in his country, in another of his major pitches to attract more investments ahead of his stepping down from office in May.
Speaking at the opening of the Asia-Pacific Economic Cooperation (Apec) CEO Summit, he laid out the welcome mat to potential investors, stressing that they should enter the South-east Asian nation as soon as possible, rather than wait another two to three years.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
International
Hong Kong growth beats forecast as recovery gains traction
If inflation continues to build, the Fed won’t be able to maintain neutral stance for long
Thailand to increase daily minimum wage to 400 baht in Oct
UK set for weak growth and highest inflation in G7, OECD says
German manufacturing downturn eases in April, PMI survey shows
India RBI's FX intervention eases as conditions turn favourable for rupee