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German firms 'very bullish' about Philippine market: trade group

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<figure class="op-interactive"><iframe src="https://www.youtube.com/embed/aECcLqeeVfw?enablejsapi=1"></iframe></figure><div class="iwantbar">Watch more in <a href="//www.iwantv.com.ph/">iWantv</a> or <a href="//tfc.tv/">TFC.tv</a></div><p>MANILA - German firms are &quot;bullish&quot; about the Philippine market as qualifications of its English-speaking workforce offset risks such as inflation and the volatile exchange rate, the director of a German-Philippines trade group said Wednesday.</p><p>Some 70 percent of companies that have set up shop here are &quot;happy,&quot; German-Philippines Chamber of Commerce and Industry executive director Martin Henkelmann told ANC, citing their own report.</p><p>&quot;The overall feedback is that they are very bullish about the market here... Situation is better than it was a year before and that also results in intentions to employ more Filipinos and Filipinas,&quot; said Henkelmann.</p><p>&quot;Employees are very well qualified and it&#x27;s also the fact that it’s an English-speaking country. That’s one of the big advantages that we have here,&quot; he added.</p><p>When asked about the chamber&#x27;s stand on the TRABAHO Bill, which aims to rationalize incentives and lower corporate tax, Henkelmann said the government should take into account concerns of foreign investors.</p><ul class="op-related-articles">	<li><a href="https://news.abs-cbn.com/business/06/05/19/investors-to-get-superior-incentives-with-trabaho-bill-says-lambino">Investors to get &#x27;superior incentives&#x27; with TRABAHO Bill, says Lambino</a></li></ul>

<p>German firms are "bullish" about the Philippine market as qualifications of its English-speaking workforce offset risks such as inflation and the volatile exchange rate, the director of a German-Philippines trade group said Wednesday.</p>

German firms are "bullish" about the Philippine market as qualifications of its English-speaking workforce offset risks such as inflation and the volatile exchange rate, the director of a German-Philippines trade group said Wednesday.