DTI Secretary Cristina Roque has urged Singapore-based companies to consider expanding their operations in the Philippines, positioning the country as a regional hub for business growth. The call comes as part of efforts to strengthen economic ties between the two nations, with a focus on strategic economic corridors and digital technology sectors.
Roque emphasized the Philippines’ growing infrastructure and digital capabilities, which she believes can support foreign investment and innovation. The Department of Trade and Industry (DTI) is promoting the country as a viable destination for Singapore firms looking to tap into Southeast Asia’s expanding markets.
The initiative aims to foster collaboration between Philippine and Singaporean businesses, particularly in technology and logistics. By leveraging its strategic location and improving trade relations, the Philippines hopes to attract more foreign direct investment.
This push follows recent discussions between economic officials from both countries, highlighting mutual interests in enhancing regional connectivity and economic development. (sunstar.com.ph)
