3 weeks PH ranks 4th in ASEAN for EU business MB |Biz
The Philippines ranked fourth as potential location site for EU businesses among countries in ASEAN, which also lost steam as EU favorite with new regions also being eyed as good sites for global supply chain relocation, a 2020 EU-ASEAN Business Sentiment Survey showed.  Photo credit: www.eu-asean.eu/publications. According to the survey, 56 percent of EU businesses said they are expanding in the Philippines while 10 percent expects contraction, and 35 percent indicate uncertainty or to maintain operation. ASEAN-wide, 53 percent of respondents see ASEAN as the region with the best economic opportunity but this is a contraction from 63 percent ... more