German companies in the Philippines are inclined to increase their investments in the country as bilateral trade talks between the
Philippines and the EU have given investors the confidence to continue doing business in the country, a survey said.
In a courtesy call in August 22, the GPPCI presented the results of the recent survey to the Philippine Economic Zone Authority and discussed related issues and concerns. GPCCI also raised some issues and concerns affecting German investors including the amendment of the CREATE and PEZA Laws. PEZA will also seek Congressional approval to amend the 28-year-old PEZA Law to be able to cope with the demands of locators and remain competitive worldwide amid the fast-changing market trends, he added.
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