This article was last updated on April 16, 2022
Canada: 
Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
USA: Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
The President of Philippines Benigno Aquino III urged the businessmen to invest in Philippines as the country is on road to progress with strict action being taken against corruption and fraud in the government. The president said so on Tuesday in a session at the Philippines Investment Forum put together by Euromoney.
He said, “Let no one doubt that we are doing the three things which were previously thought of as impossible: we are calling people to account; we are putting closure to the controversies that had sapped our institutions of their vigor and had diminished their legitimacy in the eyes of our countrymen; in other words, we are exercising political will. We have reformed the manner in which we allocate and dispense public funds; we have thrown the book at the thieves; and we are collecting what the government is due. We have put an end to business as usual and proclaimed a country open for real business.”
He encouraged businessmen and said that the raise in the level of investment with the Philippine Economic Zone Authority (PEZA), the record level of high performance in the stock market, and the number of visitors landing in the country are clear indicators of confidence in the economy of the country. He further commented that it is commendable that these advancements in the country have been recorded at a time when the global economy was facing a crisis; therefore, making the economy of Philippines a really strong one.
Article viewed on Oye! Times at www.oyetimes.com
Be the first to comment