10 March 2017 LOS ANGELES — Philippine Consul General to Los Angeles Adelio Angelito S. Cruz and Philippine Undersecretary for Trade and Investment Nora K. Terrado promoted the Philippines as an investment destination for healthcare information technology and business process management in Houston, Texas on February 23.

Consul General Cruz highlighted the global competitiveness of the Philippines and encouraged the participants to visit the country.

“This is the best time for businesses to invest in the Philippines,” Undersecretary Terrado said as she highlighted the Philippines as one of Asia’s fastest growing economies. She discussed the Philippines’ solid macroeconomic fundamentals and explained President Rodrigo Duterte’s 10-point socioeconomic agenda.

Almost 75% of US healthcare companies outsource their requirements to Asian countries. The Philippines, as one of the leading countries in Business Process Management (BPM) industry, aims to further strengthen its presence abroad by attracting future investors and companies to invest in the country.  END