Two European Companies Shelved Expansion Plans Due to Political Uncertainties

The European Chamber of Commerce of the Philippines said that uncertainties in the political environment have already cost the country up to 5,000 jobs, after two companies either held up expansion plans or decided to invest elsewhere. It said that, while companies could calculate and live with risks, uncertainty is difficult to plan for. The EU ambassador earlier raised concerns of the country’s adherence to international…

Subscribe via email for complete access to Supreme Consult’s weekly report on political and investment risks in the Philippines.