June 24, 2013

'Simple policies, cheaper cost of doing business needed to attract investments'

Simple policies and cheaper costs of doing business are needed to attract more investors in the Philippines, the managing director of business process outsourcing (BPO) firm Shore Solutions said on Monday at the sidelines of the Asia CEO Forum in Manila.

“Some of it are about land and power costs,  these are hard dynamics because the cost and talent of people is not an issue,” said Darcy Lalonde. He added that the agribusiness, BPO, creative industries, infrastructure, manufacturing and logistics, mining; and tourism, medical travel and retirement services industries provide big opportunities for investors in the country. - WealthSec