Retirement summit held to entice American businessmen, Fil-comm leaders to look at PH’s potentials

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The Philippine Consulate General in Chicago has called on American businessmen and Filipino community leaders to consider the Philippines as a potential retirement haven, citing the country’s sustainable economic growth under the administration of President Rodrigo Duterte.

In a seminar held at the sidelines of the First Philippine Retirement Summit at the exclusive Union League Club of Chicago early this month, Consul General to Chicago Gina Jamoralin highlighted the country’s dynamic and sustainable economic growth, which is now recognized as the “fastest in Asia.”

The Consulate, in cooperation with One Ayala, hosted the seminar entitled “Opportunities in the Philippine Retirement Industry” which was also participated in by top officials and executives of the Philippine Retirement Authority , the Social Security System , US Social Security Administration , and One Ayala spoke at the forum.

For her part, SSS President and CEO Aurora Ignacio provided an overview of the new Social Security Act of 2018 and investment opportunities in the pension fund, while Bank of the Philippine Islands Senior Vice President Noel Tagaza and Ayala Land International Sales Regional Head Trina Aguas introduced the participants to the conglomerate’s range of products and services for retirees, from banking and remittances to real estate property, resorts and health facilities.

 

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