11 months German investors’ business outlook in PH declines MB |Biz
By Bernie Cahiles-Magkilat Business expectations among German companies in the Philippines have declined amid local economic policy uncertainty with the planned overhaul in the country’s tax incentive regime, labor tenure and talent supply issues, and global challenges. This was revealed in the 2019 AHK World Business Outlook Survey conducted by the German-Philippine Chamber of Commerce and Industry (GPCCI-AHK Philippinen). The five-year assessment entitled “The Philippines: An Analysis – AHK World Business Outlook Survey 2015 – 2019” showed that the Philippines still remained an attractive market for German companies but their expectations dimmed. According to the survey, more than 70 percent ... more