Foreign biz groups in PH give wishlist

Rappler.com

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Amid the economy’s newfound rock star status, is the Philippines really on track? Foreign business groups, as well as policy makers, gather on Tuesday, February 26, shared their insights and reviewed how the country has progressed in terms of boosting investment, jobs and economic growth. In a recommendation paper called “Arangkada,” the Joint Chamber of Commerce assessed the performance of the industries and key economic drivers — agribusiness, infrastructure, manufacturing, mining and tourism — vis-a-vis their full potentials. The group has aimed for $75 billion in new foreign direct investments and 10 million new jobs this decade.


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