Philippines gets positive spin for investors abroad

In a bid to promote the country as a preferred investment destination, the Makati Business Club has partnered with the Oxford Business Group for a project that will detail the advantages of investing here and the business opportunities available in the country.

According to MBC chairman Ramon del Rosario Jr., this new partnership will allow the business group to share with the rest of the world the positive developments that are taking place in the country, particularly in the economy.

“The outlook on the Philippine economy and local business sentiment are certainly very upbeat, and through this collaboration with OBG, we hope to help convey to the international community the good news coming out of the Philippines,” Del Rosario said.

MBC executive director Peter Angelo Perfecto explained that “The Report: The Philippines 2012,”—a joint publication of MBC and OBG—would not only send out the good news about the Philippines to the world, but would also highlight the significant role of the private sector in nation-building.

The private sector, Perfecto said, would be the country’s partner in putting in place the infrastructure necessary for future growth and progress.

“The Report: The Philippines 2012” is a guide to potential investors, detailing macroeconomic data, while providing reports on developments in infrastructure, banking, and other relevant sectors in the country.

“These past few years, OBG has done an excellent job of producing comprehensive and authoritative reports on the Philippines that will help foreign investors gain a better understanding and appreciation of our country. We see this partnership with OBG as one way of advancing MBC’s goal of promoting investments in the country,” Perfecto said.

OBG country director Brooke Butler said the publication of “The Report: The Philippines 2012” was very timely, as this would support movements in line with the Philippine Development Plan.