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President Aquino says government expected to post higher foreign direct investments this year

11 January 2013 No CommentEmail This Post Email This Post

President Benigno S. Aquino III, accompanied by the Papal Nuncio to the Philippines and Dean of the Diplomatic Corps His Excellency Archbishop Guiseppe Pinto and Foreign Affairs Secretary Albert del Rosario, prepares to lead the traditional toast for the New Year’s Vin d’ Honneur at the Rizal Hall of the Malacañan Palace on Friday (January 11). The annual reception which marks the 26th Vin d’ Honneur since the 1986 EDSA Revolution was attended by government officials, members of the Diplomatic Corps, officials of international organizations and businessmen. (Malacañang Photo Bureau/Benhur Arcayan)President Benigno S. Aquino III said his government expects to post higher foreign direct investments this year as more investors from Australia, United States and Europe are visiting the country to explore investment opportunities.

The Chief Executive said, in an interview with the dzXL-Radio Mindanao Network on Thursday, that the Philippines remains globally competitive in attracting foreign investments.

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