BoI, Korean bank to promote investments

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BoI, Korean bank to promote investments
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THE Board of Investments (BoI) and Shinhan Bank Co. Ltd. (SHB), a leading South Korean commercial bank, recently signed a memorandum of understanding (MoU) to attract more Korean investors to the Philippines.

THE Board of Investments and Shinhan Bank Co. Ltd. , a leading South Korean commercial bank, recently signed a memorandum of understanding to attract more Korean investors to the Philippines.Trade Undersecretary and BoI managing head Ceferino Rodolfo and SHB head of global business promotion division Jang Seongeun led the signing of the MoU for Cooperation on the Promotion of Investments on August 29.

The BoI official also presented more business opportunities in the country, such as in the high-technology agriculture, as well as in semiconductors and electronics, and advanced manufacturing.In June 2024, the BoI, through its Investments Promotion Services, partnered with the SHB Manila branch for its outbound business mission to South Korea.DTI, BDO dealThe Department of Trade and Industry , meanwhile, has teamed up with BDO Unibank Inc. to promote more investments into the Philippines.

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Korean Bank To Promote Investments

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