(Daily Tribune) More German firms are inclined to invest in the country given the Philippines’ good economic and investment posture, according to a recent survey from the German-Philippine Chamber of Commerce and Industry Inc.
This was revealed by GPCCI President Stefan Schmitz during his meeting with Philippine Economic Zone Authority director general Tereso Panga last Tuesday, 22 August.
During the meeting, GPCCI presented to PEZA the results of its bi-annual AHK World Business Outlook survey conducted among the GPCCI members.
According to GPCCI, the results of the Spring 2023 survey revealed that the Philippines generally exhibited a better/higher result in the areas of economy, investments, employment, overall situation and expectations.
In terms of investments, the survey revealed that 46 percent of the participating GPCCI members are likely to invest more in the country within the next 12 months… Read More