Singapore’s Ambassador to Manila Kok Li Peng urged businessmen from the Philippines to consider investing in Singapore companies and to build more partnerships with entrepreneurs from the island state. “We have a long-standing partnership between Singaporean companies and Philippine companies,” theambassador said at the weekly Pandesal Forum in Quezon City on Tuesday. “I am happy to encourage Philippine companies to come, take a look at Singapore companies,” the ambassador, who has been in the Philippines for two years, said. The ambassador said the Singapore government is “happy” to let the Philippines see measures such as “congestion pricing” that Singapore has in place to address traffic issues. Singapore regards the Philippines as “Asia’s next bright spot,” and the Philippines is also trying to promote its industries in Singapore for investment.

Source: Manila Times March 21, 2017 17:15 UTC