UnionBank CEO: PH a ‘sure bet’ for investments

THE terms of investment in Asia because of its growing infrastructure sector, Union Bank of the Philippines ( UnionBank) President and CEO Edwin Bautista said on Monday.

“If you want to bet in a country, I Bautista said during the Philippines Investment Forum at Shangri-la at the Fort in Taguig City. “There has been a lot of investment in the last

He noted the country’s increas wherein “the strongest component and its young and fast-growing population.

He said the government has em program, which aims to make the Duterte administration the so-called

“There’s still a lot of room to government has been supportive of micro, small and medium enter- prises (MSMEs).

The Department of Trade and Industry (DTI) offers loans to MSMEs, whose products are showcased for

Argosy Partners co-founder Aloysius Colayco backed up Bautista’s statement by saying the country is a young, yet rapidly growing economy.

“Out of all of the Asian countries, we are one of the youngest. We are

“One good thing about the Philippine economy is [that] there is increasing cooperation between big companies and small ones he added.

Asian Development Bank (ADB) Philippines Country Director Richard Bolt said the country will lead Thailand soon, due to more investments in the country.

“Investment has become the key drivers of the economy...We will he said.