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Friday, March 29, 2024

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BritCham: UK companies hope for Phl to capitalize on liberalizing economy

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By 2030, there is a plan for Britain’s financial industry to set the blueprint later this year to kickstart post-Brexit rule in the global financial centre.

In an interview with ANC Market Edge with Mimi Ong, Chris Nelson, Executive Director and Trustee of the British Chamber of Commerce Philippines shared that the UK companies are looking for more trade and investment opportunities in the Philippine Market. 

Pertinent to this, the visit of Trade Commissioner to Southeast Asia Natalie Black and Ambassador Laure Beaufils highlighted the efforts of how both the British Embassy and the British Chamber work closely with. 

One of the recent key achievements was the publication of the amended IRR of the Public Service Act. Nelson also shared that there has also been an invite from an office in the Senate to attend one of their consultations regarding Charter Change.

The momentum in economic legislation and upcoming events of the British Chamber will continue to break economic barriers in the country. In this way, it will attract more investors from UK companies and strengthen business interests in the Philippines – making it an investment destination.

Lastly, the Great British Festival will have 38 participating companies and brands this March 25 and 26. Participating companies are Shell, HSBC, Pru Life UK, Marks and Spencer, Union Jack Tavern, CyberQ, The Borough Pizza Pub, and Radical Sportscars.

For more updates, follow @greatbritishfestival on Instagram. 

#GreatBritishFestival

#GBFManila2023

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