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the government to address these so as to attract foreign investors.

“Definitely it’s high time for the Philippines to relax and get more investments from different international markets and India could be one of the major players,” he said.

“I think they (the Philippine government) really need to simpli many components and that does not give a good picture abroad. The rules and systems need to be clear,” Chotrani noted.

“Let’s look at the ownership, to be more opened up because if you are looking for large and multinational companies here to invest, they are publicly listed them to justify if they own only 40 percent,” he added.

“If that can be relaxed and im companies from India to come because they go to as far as South Africa to invest. Philippines is much more easier because its English- speaking. It’s a matter of getting more comfortable and the deals should have to be juicy for both parties.”