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Gov’t crafting competitive strategy for retirement industry

Vol. XXI, No. 148 [ Business World Online ]
Wednesday, February 27, 2008 | MANILA, PHILIPPINES

ZAMBOANGA CITY — The Philippine Retirement Authority (PRA) and the privately run Philippine Retirement Industry, Inc. (PRI) are crafting a strategy aimed at enabling the country to compete with the better-funded Thai and Malaysian sectors.

PRI President Francisco C. Eizmendi, Jr., said in a recent interview here that his group and the government are now crafting a road map, which will focus on strategies that target the retirement industries of Thailand and Malaysia which now dominate the business in Southeast Asia.

"We are trying to develop a template and we already set some directions," Mr. Eizmendi said.> > > [ full story ]
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