03 June 2015 - The Philippine Embassy in The Hague, together with the Philippines-Netherlands Business Council (PNBC) and ING Bank, held a business event titled “The Philippines: Asia’s Rising tiger – A Briefing on the Philippine Economy” on May 21 at the VNO-NCW Building in The Hague.
The event was convened by the three organizations with the aim of bringing the good news about the Philippines and encouraging the Dutch private sector to invest and do business in the country. Some 40 Dutch companies and organizations attended the event. The seminar was also auspicious for ING bank as it celebrates its 25th year of operations in the Philippines this year.
The speakers included Philippine Ambassador to The Netherlands Jaime Victor B. Ledda, PNBC Chair John Lintjer, ING Managing Director Lenin Duenas, Jr., and The Netherlands Enterprise Agency Business Advisor Arthur van Leeuwen.
The speakers underscored the impressive growth that the Philippines has gained over the past four years, including the investment grade status bestowed upon the country by the world’s leading credit ratings agencies.
They also highlighted the opportunities on various fields for Dutch companies, including infrastructure (through the PPP scheme), agriculture, water, tourism, and energy.
The Netherlands is the Philippines’ 10th largest export market and has been the third greatest source of Foreign Direct Investments for the past 15 years. END