The Manila Times

PEZA to hold investment road shows in Middle East

- RAADEE S. SAUSA KRISTYN NIKA M. LAZO

in the Middle East to encourage investors to

The seminars will be held on February 11 and 12 in Riyadh, Saudi Arabia, February 13 and the MOUs [memorandum­s of understand­ing]

- pine Chamber of Commerce and Industry and

“Some are local executives, private landowners. They will join us, it will be a road show, an investment seminar in Riyadh, Saudi Arabia, Kuwait and Oman,” she said.

in the frontline in formalizin­g possible invest that initiates talks with sheikhs and businessme­n the said countries.

to the Middle East from February 26 to March that the dates are still tentative.

partner or an investor for their economic zones. Because these are some of the areas that has economic zones ready for investors to invest [in].”

“In my initial talks with investors, they’re interested in tourism, agricultur­al economic so all industries that manufactur­e halal foods, halal cosmetics, halal clothes will be invited of the Services index leading the pack.

Among the most active shares, SM Investment­s Corp. was flat and BDO Unibank Inc. registered a loss. Among the biggest gainers were SM Prime Holdings Inc., Globe Telecom Inc., PLDT Inc., Metro Pacific Investment­s Corp. and Metrobank.

Some 5.61 billion shares worth P8.95 billion were traded. Advancers outpaced decliners, 129 to 74, while 41 shares were unchanged.

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