Japan packaging firm Packwell to set up shop at DLI Davao industrial estate

Packwell Inc., a Japanese company that manufactures paper-based packaging and containers, has signed an agreement to establish operations at the Floirendo-owned Anflo Industrial Estate (AIE) in Panabo City, Davao del Norte.

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Why international companies need to invest in ASEAN, especially, the Philippines

Setting up business operations in ASEAN [Association of Southeast Asian Nations] is a smart move. Given the 10 Member States, global companies therefore have options. However, business leaders must be discerning of which ASEAN nation to invest in by determining which specific national economic landscape can help to realize operational goals such as productivity and cost efficiency – and the Philippines may be a prime candidate here.

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