German firms eyeing new ventures in PH
MANILA – More German companies are considering starting their businesses in the Philippines amid continued improvement in the business sector, the German-Philippine Chamber of Commerce and Industry, Inc. (GPCCI) said on Friday. GPCCI general manager Nadine Fund said they “have been receiving an influx of inquiries from German businesses who are considering the Philippines for new ventures.” Fund said the World Bank’s recent “Doing Business Report” helped the Philippines’ cause in inviting foreign investors.