By: Alithea De Jesus | September 27, 2020 | 1:29 pm
With the delicate government balancing on health and economy, the community quarantine has been relaxed from modified enhanced community quarantine (MECQ) to general quarantine, many establishments are back in the business and the economic activities will surely pave the way to saving jobs and giving MSMEs the opportunity to earn.
Cognizant of the challenges and the need to bring more investment opportunities to the Philippines, the British Chamber of Commerce Philippines together with UK chambers in Sheffield and North East England hosted a webinar last September 24, 2020 and discussed what business opportunities in the Philippines that the UK can explore to jumpstart the economy post COVID19.
Speaking to THEPHILBIZNEWS, British Chamber of Commerce Philippines Executive Director & Trustee Chris Nelson is optimistic that notwithstanding the pandemic, many UK companies still set their eyes to do business in PH.
“We want to strengthen our partnerships in the trade and explore other investment opportunities in other sectors such as retail, food and beverage, and manufacturing. This is to continue the increase in the local market and hopefully see the possible strategic partnerships with some Filipino companies or businessmen,” Mr. Nelson added.
To date, the UK is the Philippines’ 18th largest trading partner and just like in the past through the roadshows done by the British Chamber of Commerce, many UK companies remain interested in the Philippines. This was what Nelson revealed and was also discussed during his presentation of the overview of the national economy and trends in key sectors.