British companies operating in the Philippines continue to be optimistic despite the impact of the pandemic on businesses.
British of Chamber of Commerce of the Philippines executive director Chris Nelson said the group was retaining and attracting new members in the Philippines throughout the lockdown, with prospects of new investments coming in for the long term.
Nelson said that no existing member company withdrew investments from the country and that new members joined even joined the group at the height of the pandemic.
“People are not leaving. In fact, where I would like to give slight encouragement is we’re actually getting inquiries and interest in the Philippines,” Nelson said.
He said among the sectors that attracted interest from British investors were automotive, energy, beverage and food industries.