PNA
13 May 2022, 21:42 GMT+10
MANILA - Following the national and local elections last Monday, the American Chamber of Commerce of the Philippines (AmCham) has expressed its willingness to continue its support to the government to sustain the country's economic growth.
"As a foreign business chamber, we will strive to continue working closely with government officials in all levels in the country to maintain high levels of GDP (gross domestic product) growth, infrastructure development, job creation, and FDI (foreign direct investment) inflows," AmCham said in a statement Friday.
The foreign business group also hopes that the next leadership will observe good governance and continue the policies of the previous administrations.
"We congratulate the Philippines and the Filipino people for conducting a successful campaign period and elections - showing again the strength of its democracy," AmCham added.
Since its incorporation in 1920, AmCham said it remains committed to contributing to the Philippine economic growth and serving the interest of both Philippine and American businesses.
Currently, AmCham has over 700 members.
Aside from AmCham, business groups such as the Philippine Chamber of Commerce and Industry and the Makati Business Club expressed their continued support to the government in pursuing economic recovery. (PNA)
Get a daily dose of Philippine Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Philippine Times.
More InformationBRUSSELS, Belgium: European Union foreign policy chief Josep Borrell has said that the bloc would ensure Ukraine that it has ...
Former U.S. President George W. Bush has made an embarrassing mistake in criticizing Russian President Vladimir Putin over his decision ...
WASHINGTON D.C.: The U.S. State Department has announced the launch of a new program to capture and analyze evidence of ...
JAKARTA, Indonesia: A new poll released this week indicated that Indonesian President Joko Widodo's approval rating has hit a six-year ...
EAST JAVA, Indonesia: A tourist bus crashed into a billboard on a highway on Indonesia's main island of Java this ...
BELGRADE, Serbia: Belgrade was paralyzed this week by a series of bomb threats, including against schools, bridges, restaurants and a ...
NEW YORK, New York - U.S. stock markets reversed sharp losses in late trading to eke out minor gains in ...
WASHINGTON D.C.: U.S. retail sales rose strongly in April, as consumers bought more motor vehicles and spent more at restaurants, ...
LONDON, England: The UK's jobless rate fell to a 48-year low in the first three months of 2022, it was ...
SYDNEY, NSW, Australia - A reduction of the official lending criteria in China has boosted stocks on the mainland, and ...
ISTANBUL, Turkey: As state lenders reduced the amount of dollar sales to prop up the currency for the ninth consecutive ...
NEW YORK CITY, New York: Federal officials have announced that Eddy Alexandre, CEO of Valley Stream trading, is facing charges ...