EmergingMarket29Sep2014

The Singapore International Chamber of Commerce Emerging Markets Committee welcomed a delegation from the Philippine DTI led by Undersecretary Ponciano C. Manalo Jr. (second fr right). The Chamber was also delighted to welcome back the Philippine Ambassador to Singapore, His Excellency Antonio Morales. Undersecretary Manalo and his team discussed the many business opportunities available to investors in the country today. Businesses can leverage from a well-educated, English-speaking workforce, very competitive labor costs and economic zones with attractive incentives. The three key sectors for inward investment were identified as: Infrastructure improvements, Tourism infrastructure and employment creation and Business process management or outsourcing. Also in photo is Philippine Trade & Investment Centre-Singapore Commercial Counsellor Glenn Peñaranda (leftmost).