PHL must simplify its rules for business–trade lawyer - BusinessMirror

AN international trade lawyer said the Philippines should focus on simplifying its rules to lure investments, among others.

Meanwhile, he also underscored that investment policy has to go hand in hand with export policy, noting that these policies will make investors decide if a country is “stable” and worth investing in. Investors eye a certain country that is the “most stable and that brings back the most returns,” Abad pointed out.

According to Abad, certain countries consider bringing back their manufacturing or are onshoring their manufacturing so as to lessen the risk.

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