Manila Standard

Speaker predicts US investment­s owing into PH

- Maricel V. Cruz

SPEAKER Ferdinand Martin Romualdez on Monday expressed confidence in an imminent influx of American investment­s into the Philippine­s following the highly successful Philippine Dialogue in Washington D.C. to pitch the country as an attractive investment hub.

During the dialogue, Finance Secretary Ralph Recto showcased before American investors the visionary leadership of President Ferdinand Marcos, Jr. and his administra­tion’s sound fiscal and economic policies, along with a slew of pro-business reforms that effectivel­y rolled out the red carpet for both foreign and domestic investors.

Romualdez and Philippine Ambassador to the United States Jose Manuel Romualdez were among the guests during the event which drew around 90 executives from US-based funds and corporatio­ns, multilater­al institutio­ns, and the public sector.

“The Philippine Dialogue marked a significan­t milestone in our efforts to foster robust economic partnershi­ps with the United States,” the Speaker said.

He noted that during the event, several American investors with ongoing investment­s in the Philippine­s came forward to express their desire to expand their operations in the country and gave support to the government’s plans to further improve the ease of doing business in the Philippine­s.

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