HSBC, one of the country's leading international banks, last week hosted a media discussion and business summit at the Shangri-La The Fort in Bonifacio Global City called "Philippines: ASEAN's Rising Star" as part of its planned activities that coincide with its 150th anniversary and aim to look forward to the nation's economic future.
According to HSBC Philippines president and CEO Sandeep Uppal, the bank is helping reinforce the country's potential as an ASEAN investment hub. The bank's role is to enable foreign direct investments and other nation-building activities to help the Philippines reach economic powerhouse status.
Special Assistant to the President for Investment and Economic Affairs Frederick Go, in his presentation, cited key sectors such as the steel industry, pharmaceuticals, tourism and infrastructure.
Thus, for Uppal, "A key driver of economic growth is strong collaboration between the private sector and government. As a global bank with deep local expertise, we've always been committed to acting as a bridge to unlock opportunities for development," he said.
"We're optimistic about what we can do to collectively propel the Philippines from ASEAN's Rising Star to Asia's Superstar."
This story is from the November 11, 2024 edition of The Philippine Star.
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This story is from the November 11, 2024 edition of The Philippine Star.
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