Finance Secretary Ralph G. Recto highlighted the Philippines’ booming economy, political stability, and liberalized investment landscape as key factors making the country a strategic safe haven for Japanese investors during the Philippine Economic Briefing in Tokyo on June 21, 2024.

Secretary Recto assured Japanese investors of his commitment to continuing dialogue with them to address any concerns and make investing in the Philippines easier and more profitable.

The Philippine government aims to achieve investment-led growth by promoting productivity-enhancing investments in high-impact sectors to generate more jobs and improve the quality of life for all Filipinos.

The briefing in Tokyo gathered around 500 Japanese industry leaders, investors, and government officials. Secretary Recto also brought key Filipino conglomerates to the event to testify about the predictability, stability, and sustainability of doing business in the Philippines and forge partnerships with Japanese investors.