News Formal

Philippines forges investment promotion agreement with UAE - BusinessWorld Online

  • 📰 bworldph
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 68%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The Philippines and United Arab Emirates (UAE) signed an investment promotion and protection agreement (IPPA) on June 9, with the Trade department expressing an interest in tapping Dubai investment in agriculture and energy, among others. READ:

In a statement on Sunday, the Department of Trade and Industry said Trade Secretary Ramon M. Lopez and UAE Minister of State for Financial Affairs Mohamed Bin Hadi Al Hussaini signed the IPPA, which it said is expected to create 2,500 jobs and over P7.1 billion worth of investment.

The DTI said it is eyeing investment in agribusiness and agriculture, energy efficiency technology and renewable energy, infrastructure and public–private partnershipand shared services, manufacturing, oil and gas, processed and specialty food, and tourism and hospitality. The IPPA establishes a Joint Committee on Investments which find areas of cooperation between the two countries. The JCI is headed by undersecretaries of the DTI and the UAE’s Ministry of Finance.

“The IPPA will boost investment between the countries and the CEPA will also pave the way for the Philippines’ enhanced access to the broader Middle Eastern region and could be UAE’s strategic hub in the Southeast Asian market,” he added.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 9. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

PH, UAE boost economic cooperation, sign investment protection agreement in DubaiThe Philippines and the United Arab Emirates (UAE) signed an investment promotion and protection agreement (IPPA) this week to boost bilateral investments between the two countries, the Department of Foreign Affairs (DFA) said.
Källa: manilabulletin - 🏆 25. / 51 Läs mer »

PH, UAE boost economic cooperation, sign investment protection agreement in DubaiThe Philippines and the United Arab Emirates (UAE) signed an investment promotion and protection agreement (IPPA) this week to boost bilateral investments between the two countries, the Department of Foreign Affairs (DFA) said.
Källa: manilabulletin - 🏆 25. / 51 Läs mer »

Integrating well-being, happiness in business education key to building ‘resilient’ executives - BusinessWorld OnlineBy Arjay L. Balinbin, Senior Reporter Madrid, Spain — Business school curricula should include a program aimed at helping future business leaders improve their health, well-being, and happiness to better prepare them for the complex challenges they will face in the corporate world, an expert said. “Body (health), mind (well-being), and soul (purpose or happiness)” are the […]
Källa: bworldph - 🏆 9. / 68 Läs mer »