'We aim to attract not only tourists but also billionaire investors': Philippines boosts efforts to encourage foreign business ventures

Aside from tourism, the private and public sectors are also working to attract more foreign investors to the Philippines. Learn about the different business opportunities available and how to begin investing in an interview with Mon Abrea, Chief Tax Advisor of the Asian Consulting Group.

Mr. Mon Abrea, Chair and Chief Tax Advisor of ACG and author of the book "Why Invest in the Philippines" recently delivered a comprehensive presentation that covered the business and investment landscape in the Philippines at the International Tax and Investment Roadshow in NSW.

Key Points

• The World Bank's report showed that the Philippines is one of the highest growing economy in East Asia and the Pacific.
• Recent legislative actions by Philippine Congress have introduced transformative policies aimed at improving the ease of doing business and creating a more favorable economic environment.
• According to tax expert Mon Abrea, various sectors are actively working to solve the problem of weak internet connectivity in the country and are promoting the digitalization of the tax system.

.