Philippines eyes four key investment sectors (29.05.2024)
 Posted on : May 30, 2024, 10:46AM   73 total views  Category : Local News

The Philippines is looking at four key sectors in investment opportunities for Brunei’s business leaders in agribusiness and food processing, renewable energy, Islamic finance and halal industry, Philippines Secretary of the Department of Trade and Industry (DTI) Alfredo E Pascual said.

 

He said this in his presentation on investment opportunities in the Philippines at the Philippine Business Forum at Royal Berkshire Hall, Royal Brunei Polo and Riding Club, Jerudong on Wednesday.

 

Pascual also shared that the economic relationship between Brunei Darussalam and the Philippines remains strong and continues to grow. He said in 2023, Brunei was the Philippines’ 38th trading partner and 43rd source of foreign direct investment. Brunei investment in the Philippines reached USD128,699 in 2023, he said.

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-- Courtesy of Borneo Bulletin

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