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PH winds up US road show

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Philippine Ambassador to the US Jose Cuisia. INQUIRER FILE PHOTO

Filipino business chief executive officers (CEOs) have concluded in their United States-wide investment road show an appeal to Americans to take advantage of the “resurging” Philippine economy, the Department of Foreign Affairs (DFA) said on Friday.

The Filipino CEOs of major Philippine companies wrapped up their tour in Boston, Massachusetts, on April 26 by briefing an audience mostly composed of corporate executives, business owners and business school students on the investment and business prospects in the Philippines.

Led by Philippine Ambassador to the United States Jose Cuisia Jr. and noted Harvard University economist Dr. Bernardo Villegas, the speakers at the investment road show discussed the growth in key industries in the Philippines, the DFA said.

The department quoted Villegas as saying that the Philippines, recently given upgraded ratings by Fitch Ratings and by Standard & Poor, is a rising economic tiger in Asia that is poised to grow by an average of 7 to 9 percent during the next two decades.

Destination for investments

He said that with a young population composed of about 92 million people who are highly literate and English-speaking, the Philippines is an attractive destination for US investments.

The half-day investment road show was held at the Great Hall of the Massachusetts State House, where the Governor of Massachusetts holds office.

The high-caliber speakers included: Philip Romualdez, president, Chamber of Mines of the Philippines for mining; Isidro Consunji, president, DMCI Holdings Inc. for real estate and infrastructure; Roberto Juanchito Dispo, president and director, First Metro Investment Corp. for financial services; Rainero Borja, president and country head, Expert Global Solutions for business process and knowledge process outsourcing;

Dan Lachica, president, Semiconductors and Electronics Industries in the Philippines Inc. for electronic medical devices; Martin Pascual, board director, Pascual Laboratories for pharmaceutical and biotechnology; and Jesus Zulueta, chairman, ZMG Ward Howell for human resources.

 

Call for gov’t support

Technopreneur, venture capitalist and philanthropist Diosdado “Dado” Banatao, managing partner and founder of Tallwood Venture Capital, based in Silicon Valley, also spoke at the road show. He said the economic growth of the Philippines would accelerate even faster if the government will give strong support for science, technology and engineering and produce more graduates in these fields.

Tom Gradel, acting director of the Massachusetts Office of International Trade and Investment (MOITI), welcomed the road show as a good opportunity for US companies to know more about the Philippines.

About 100 guests coming from Massachusetts, Connecticut, New York and New Jersey attended the event.

The DFA quoted Philippine consul general to New York Mario de Leon as saying that “the road show gave compelling reasons why US investors and businessmen should seriously consider doing business in the Philippines now that our country is on the rise.”


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  • Marcial Abila

    At present our economy deffend primarily on ofw remittance we cannot allow a the exchange rate of 1 dollar to below 40 pesos.maybe in 10 to 15 years time our economy get into the same level of singapore or korea or hongkong a exhange rate of 1 dollar is to 3 peso or 5 peso is ideal.

  • joboni96

    Philip Romualdez, Mining; Isidro Consunji, real estate; Roberto Juanchito Dispo, financial services; Rainero Borja, business process; Dan Lachica, electronic medical devices; Martin Pascual, pharmaceutical and biotechnology; Jesus Zulueta, human resources

    ang mga ito lang makikinabang
    sa pagkulimbat ng kayamanang pilipino

    using the money of pilipino bank deposits

    better
    1. retail sale of government bonds to pilipinos only
    to fund infrastructure projects
    2. retire foreign debt with foreign reserves
    3. projects defined by pilipino needs
    not by foreign vendors
    etc

    diversify away from imperialist investors

    • boboposter

      Kung may utak ka, alam mong mali yang diskarte na yan.

      Pero wala eh…

      • joboni96

        miseducated ka

        kaya kolonisadong utak ka

      • boboposter

        Utak North Korea ka naman. gusto mong maging hermit kingdom tayo? Sige, ikaw maghari sa hermit kingdom mo nyahahaha!

      • joboni96

        mali na naman si bobop
        imperyalista at hegemonista lang ang bawal

        kung gusto mo nokor
        astig mga mini subs nila

      • boboposter

        Yan ang pruweba na boploks ka nga hahaha! Nakakain mo ba yang mga mini subs na yan?

      • joboni96

        yang bobop na kolonisadong utak mo
        hindi maka tanto

      • boboposter

        joboning utak north korea. mas mabuti naman yung utak kolonisado… open minded, open to change, hindi utak ng mga matataba’t baboy na communist leaders.

      • joboni96

        bobop ka talaga

        oxymoron yan
        di mo pa alam

      • boboposter

        may pa oxymoron oxymoron ka pang nalalaman nyahahaha!

        Tumula ka na lang!

        utak m0ron si joboni
        alaga ng mga tunay na intsik switik
        bugok nang ipanganak
        bugok pa din sa pagtanda

      • joboni96

        bopol na
        bobop pa

        hehehe oxymoron
        sobra ng oxy

    • Pio Pusli

      dude, sa pansitan ka natutulog. look at china. this so called communist is by name only. they have to join the global economy or else kasing amoy ka ng imburnal ; got it? now go and read your books. make sure you learn something this time.

      • joboni96

        mali pinagbabasa mong mga libro
        kaya miseducated ka

        kolonisadong utak

  • superpilipinas

    “Dado” Banatao…, based in Silicon Valley…said the economic growth of the Philippines would accelerate even faster if the government will give strong support for science, technology and engineering and produce more graduates in these fields.”

    People like Banatao need to be elected as President so we can catch up with our neighbors and so that education is improved and jobs are generated.

    But right now we have TraPos, Political Dynasties, and Incompetents running again for positions.

    Give Philippines a chance, DO NOT VOTE for Team PNoy, UNA, LP, NP, NPC, Lakas, Kampi, etc. These clowns are already known to be self-serving and have glued themselves to their positions.

    VOTE FOR NEW CANDIDATES AND NEW PARTIES. WE can re-elect the best performers and drop the poor clowns.

    • http://twitter.com/IsaGanee TheVi11ain

      Like you said, give Philippines a chance. PNoy is actually doing a great job so far. It’s too risky to vote to new candidates. Let PNoy finish what he started. Let’s go for Team PNOY, for now.

  • txtman

    PARATING PINAGYAYABANG YUNG
    .
    BIG NUMBERS OF YOUNG POPULATION SA PINAS
    BIG FACTOR DAW YAN SA PAG-UNLAD
    VERY GOOD DAW YAN.
    .
    THEN HOW COME GUSTO NILANG PATAYIN MGA BATA?
    .
    KUNG PAPAYAGAN YANG KASINUNGALINGAN
    NG MGA CONDOM HEADS
    IN 30 YEARS, WALA NA KAYONG YOUNG PEOPLE
    .
    PALIBHASA PURO KASINUNGALINGAN MGA ADVISERS NI PENOY
    NA MGA LEFTISTS/COMMUNISTS
    AT NANIWALA NAMAN AGAD?
    PITIFUL
    AHAHAHAHA

    • http://twitter.com/MarLouWang Marlou Wang

      AHAHAHAHA! WRONG!! WALANG NAGSABING PATAYIN MGA BATA! IKAW LANG!!! PAG-ARALANG MABUTI ANG RESPONSIBLE PARENTHOOD NA SINASAAD NG RH BILL. KUNG KAYA MO’NG MAGKAANAK NG 1,000 HINDI BAWAL ITO BASTA RESPONSABLE KA NA MAAALAGAAN NG MAAYOS, MABUTI, MASAGANA, MALIGAYA, MASAYA, AT LAHAT NG POSITIBO PARA SA IKABUBUTI NG 1,000 MGA ANAK MO.

      • txtman

        1,000?
        MEROON BA NIYAN?
        WHAT IS THE AVERAGE FAMILY MEMBERS IN THE PH TODAY?
        ANS: 5
        ….. I.E FATHER, MOTHER & 3 KIDS
        .
        NASAAN YUNG SINASABI MONG MADAMING ANAK DYAN?
        .
        FROM TIME TO TIME MEROON MORE THAN 5 KIDS
        SIGE NGA GIVE ME YOUR STATISTICS?
        ILANG YOUNG FAMILIES SA PHILIPPINES
        …. ANG MAY ANAK NG MORE THAN 5 TODAY?
        .
        PROBLEMA SENSATIONALIZED KAYO PARATI
        .
        A LOT OF TIMES, PROMOTION NILA SA PINAS IS
        .
        “WITH 90 MILLION PEOPLE & VERY YOUNG POPULATION
        ….IT IS GOOD TO INVEST IN THE PHILIPPINES”
        .
        DO I NEED TO SAY MORE?
        PITIFUL

      • http://www.facebook.com/people/Dolphen-Presbi/100001141153952 Dolphen Presbi

        I’m a responsible parent. My wife and I planned only to have 2 kids.

        Ang problema kasi sa mga kababayan nating karamihan eh hung-hang mag-comment…. Wala na ngang pera,… anak pa ng anak! Kung hindi ba naman ubod ng tanga!

        Puro kayo sisi sa gobyerno! Eh ang ibig sabihn ng “govern” is kontrolin ang nasasakupan. Eh kung ang hung-hang na katulad mo na walang disiplina. eh talagang papalpak ang gobyerno. Dahil lahat ng problema eh nagsisimula sa pamilya, tanga! at hindi sa gobyerno.

    • http://www.facebook.com/people/Dolphen-Presbi/100001141153952 Dolphen Presbi

      I’m a responsible parent. My wife and I planned only to have 2 kids.

      Ang problema kasi sa mga kababayan nating karamihan eh hung-hang
      mag-comment…. Wala na ngang pera,… anak pa ng anak! Kung hindi ba
      naman ubod ng tanga!

      Puro kayo sisi sa gobyerno! Eh ang ibig sabihn ng “govern” is
      kontrolin ang nasasakupan. Eh kung ang hung-hang na katulad mo na walang
      disiplina. eh talagang papalpak ang gobyerno. Dahil lahat ng problema
      eh nagsisimula sa pamilya, tanga! at hindi sa gobyerno.

      RH Bill is about “RESPONSIBLE PARENTHOOD” at hindi para sa hung-hang na katulad mong mag-isip! Tanga!

    • Pio Pusli

      if this PITIFUL here uses his brain, he’ll note that the communist in china was the prime mover of “minimizing” the number of children. . PITIFUL BRAIN!!!



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