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Expanding in Asean a priority for PH firms

MORE than two-thirds of businesses in the Philippines are planning to increase investments in the Association of Southeast Asian Nations (Asean) region this year, an HSBC survey found.

Sixty-seven percent of the Philippine respondents in a poll covering the region’s six largest economies said they planned to invest more inside Asean, compared to 61 percent looking at markets outside the region.

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