Tuesday, 4 September 2012

PHL-based US executives plan bigger operations

Business Mirror
Full article: http://www.businessmirror.com.ph/home/top-news/32264-phl-based-us-executives-plan-bigger-operations-
US firms are expecting increased growth in trade and investment in the Southeast Asian region in the next five years, with 83 percent of Philippine-based American businessmen indicating interest to expand operations here.

Their optimism was reflected in the Asean Business Outlook Survey 2012/2013 conducted by the US Chamber of Commerce and The American Chambers of Commerce in Asean (Association of Southeast Asian Nations) that covered 356 senior-level executives from across the region.

Philippine-based executives of American firms that participated in the survey are more bullish than the Asean average, as 96 percent of them “have a positive or very positive outlook on the Asean region as an investment opportunity.”

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