BUDGET and Management (DBM) Secretary Amenah F. Pangandaman assured investors of a conducive regulatory environment in the country during the Philippine Economic Briefing (PEB) hosted by the Department of Finance (DOF) and Bangko Sentral ng Pilipinas (BSP) in Singapore on September 7.
“We are here, of course, to ask the help of our partners to invest in the Philippines through public-private partnerships. The Philippines is open and we need your help. From our end, the administration will provide the necessary regulatory environment to everyone who wishes to invest in the country,” the Budget Chief shared in the panel discussion on Economic Performance and Outlook.
SM Investments Corp. Vice Chairperson Teresita Sy-Coson, who represented the private sector in the panel, also stated how the Philippines is a good place to invest in: “There are a lot of things that one can do in the Philippines and in our group, with the private sector, we are inviting a lot of people to come to the Philippines because there are a lot of things that we can do together.”
With the objective to present the country’s robust economic development and highlight key areas and opportunities for investments, the Economic Team consists of DOF, BSP, DBM, and NEDA also discussed growth outlook, and legislative and policy reforms, among others.
President Ferdinand Marcos Jr., who delivered the keynote address, likewise invited strategic investors from the international community to take part in the country’s economic resurgence.
“The Philippines welcomes your investments and looks forward to forging even stronger ties with the Singaporean business community,” the Chief Executive said.
