West Philippine Sea not key concern for investors in US

This photo taken on Feb. 16, 2024 shows Filipino fishermen aboard their wooden boats and Philippine Fisheries and Aquatic Resources personnel aboard their rigid hull inflatable boat sailing past a Chinese coast guard ship near the China-controlled Scarborough Shoal, in disputed waters of the South China Sea.CALIFORNIA –

The more pressing issues investors look at are ease of doing business, the presence of an investment ecosystem, the strength of the market, the quality of the supply chain and the available talent, said Maceda, son of the late Senate president Ernesto Maceda. There is also a historical cultural affinity with the Philippines given Filipinos’ English proficiency which helps attract US investors to the country.

At the same time, he said, it’s not healthy to have such tension persist especially as it might escalate. Having a “unique story,” Flores said, would encourage investors, particularly venture capitalists to look at Philippine startups.

Source: News Formal (newsformal.com)

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