- This event has passed.
Business Forum: The Philippines – A Continued Growth Engine?
May 22, 2017 - 15:00-17:00
For many years now the Philippines has had promising economic growth rates, which has made the country a very promising market for Danish companies. However, since the change in government with the election of President Duterte, Western media is painting a rather dire picture of the situation in the Philippines because of the “war on drugs”. Nevertheless, the Philippine economy continues to produce very impressive growth rates. The World Bank, IMF and private credit rating companies are expecting the economic growth rate from 2016 of 6.9% to be sustained for the coming years. Many Danish companies are already present in the Philippine market within a broad spectrum of sectors, but many more could benefit. The high economic growth moves more people into the middle class creating demand for safer and better goods and living conditions.
The Business Forum will give you an opportunity to get an understanding of what social, political and economic policies the Philippine Government sets out to develop, and which challenges and opportunities this gives to Danish companies.