Duterte invites Russian businessmen to invest in Philippines
October 4, 2019
President Rodrigo Duterte urged on Friday Russian businessmen to invest in the Philippines.
"We invite our Russian friends to invest and do more business in the Philippines," Duterte said in a speech during the Philippine-Russia Business Forum in Moscow.
He said the Philippines offers fiscal and non-fiscal incentives, such as tax holidays, for investors.
Duterte noted that one of the economic strengths of the Philippines is its young workforce.
"I'm confident our economic ties will continue to prosper to its full potential," he added.
Some 10 business agreements were signed between the Philippines and Russia, such as in the field of energy. Celerina Monte/DMS
Latest Videos
- GEORGE SOROS BLASTED THE U S FOR SUPPORTING ISRAEL ON NOT WORKING WITH HAMAS
- WIKILEAKS REVELATIONS SHOW U S ‘IGNORED’ TORTURE FROM THE WAR IN IRAQ
- THE ROOTS OF THE ISRAEL PALESTINE CONFLICT
- TUCKER CARLSON QUESTIONS U.S SUPPORT FOR ISRAEL WAR
- RFK Jr TO RUN FOR PRESIDENT AS INDEPENDENT, DECLARING INDEPENDENCE FROM THE TWO POLITICAL PARTIES
- JAPANESE VIROLOGIST SAYS OMICRON MAY HAVE BEEN MANUFACTURED
- JAPANESE VIEW & FILIPINO BEAUTY
