Orlando Velandia: It is important to stress that since the beginning of the downturn in commodity prices, no oil company has left the country. Nevertheless, there are some issues and challenges that need to be addressed. The country is working to enhance the interests of investors in the energy sector, and we must be more proactive and show that we listen to and address the concerns of investors.
The government’s drive to boost foreign capital flows has moved forward with the launch of a new foreign direct investment (FDI) council, although there is still room for further improvements.
Omar Alfardan: It is important to develop a wide range of hotels that will address the unique needs of various travelers; having projects in all segments will attract a more diverse selection of travelers who have particular needs in terms of facilities and budget.
While the first six months of 2016 have brought mixed results, Malaysia’s economy is expected to give an improved performance in the second half of the year, especially as remedial measures introduced by the government gain momentum.
An easing of restrictions and regulatory requirements is expected to boost foreign direct investment (FDI) in the Philippines, as the administration of President Rodrigo Duterte looks to increase the country’s attractiveness as a business destination.
Tax exemptions and other incentives are set to spearhead Thailand’s efforts to boost foreign direct investment (FDI) in targeted areas of the economy.
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