Singapore sees PH an investors’ haven under PBBM

Singapore sees PH an investors’ haven under PBBM

By Junex Doronio
May 30, 2022

MANILA — Bringing a book and a bottled drink in his courtesy visit on the incoming President Ferdinand “Bongbong” Marcos Jr., Singaporean Ambassador to the Philippines Gerard Ho on Monday expressed hopes that the country can become a “more attractive investment opportunity” under the new administration.

In a press conference after his courtesy visit, Ho bared that Singaporean investors appreciate the passage of laws on retail trade, tax incentives and ease of doing business under the administration of President Rodrigo Duterte who will bow out office on June 30 this year.

“We hope to see not only these things continuing as well as maybe making further programs to make the Philippines a more attractive investment opportunity,” Ho said.

It is a known fact that Singapore is the Philippines’ biggest export market in Southeast Asia and the 5th largest in the world.

“We see a lot of growth potential in the Philippines and we hope to see more and more Singapore companies coming into the Philippine market,” Ho further said.

Incoming President Ferdinand “Bongbong” Marcos Jr. and Singaporean Ambassador to the Philippines Gerard Ho (Photo grab from ABS CNN News)

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