Phl presented as best business partner in Asia

By Pia Lee-Brago
Phl presented as best business partner in Asia

The Philippines was cited as “the best business partner in Asia” during an investment forum held in Zurich last March 31.

In his engagement with the participants, Philippine Ambassador to Switzerland Leslie Baja said the Philippines is the “best business partner in Asia with its advantages in terms of human resources and high-skilled Filipino workers, business incentives, overall good governance and the country’s wealth of natural resources, including its tourist attractions.”

The Pulse of Asia forum was organized by Swiss investment firm Touchstone Ventures, which visited the Philippines last Nov. 12 to 16 to explore diverse business opportunities in the country.

The investment forum sought to convince more Swiss and European capitalists to invest in Southeast Asia.

“ASEAN (Association of Southeast Asian Nations) is thinking globally and the countries that comprise the region are preparing together to achieve economic integration in 2015 and beyond,” Baja said.

He cited the ASEAN Economic Community, which makes the region a “more attractive investment destination by turning ASEAN into a single market and production base, a highly competitive economic region, a region of equitable economic development and a region fully integrated into the global economy.”

Touchstone Ventures is an investment company that seeks to provide investors with personalized access to direct investment opportunities in emerging market businesses in Southeast Asia.