#2016PBIF - Key Quotes - Arthur Tan: 'Investing into a better supply chain'

#2016PBIF - Key Quotes - Arthur Tan: 'Investing into a better supply chain' 2016 Philippines Business & Investment Forum: Over the past five years, the Philippines has gone from being known as the “sick man” of Asia to the region’s stellar performer, lauded by international investors and analysts as one of the most promising countries for future growth and investment. As evidence, in 2013 the three major international credit rating agencies – Standard & Poor’s, Moody’s and Fitch - all raised the Philippines’ sovereign debt to an investment grade rating, the first time it has achieved this status. The country’s GDP grew at an average of 6.3 per cent from 2010-2014, the highest five-year average in the past 40 years. In order for the country to realize its potential over the next decade, the current consumer-driven expansion will have to change to investment-led growth. Although last year ́s $6.2 billion in foreign investment was the highest figure ever, more international investment is required in strategic areas such as infrastructure, manufacturing, energy, agriculture, education and healthcare. The Philippines Business & Investment Forum in New York will bring together influential leaders from the Filipino government and private sector, along with their U.S. and relevant international counterparts for an in-depth analysis of the Philippine economic and political situation and the opportunities it holds for investors, both in capital markets and in industry. Arthur R. Tan, President and Chief Executive Officer of Integrated Micro-Electronics, Inc.: Arthur R. Tan, President and Chief Executive Officer of Integrated Micro-Electronics, Inc., has been a member of the Board of Directors of IMI since July 2001. He became the President of IMI on 1 July 2001 and has been President and Chief Executive Officer of the IMI Group since 23 April, 2002. Arthur R. Tan has been a member of the Board of Directors of IMI since July 2001. He became the President of IMI on 1 July 2001 and has been President and Chief Executive Officer of the IMI Group since 23 April, 2002. Concurrently, he is the President and Chief Executive Officer of PSi Technologies Inc., President of Speedy-Tech Electronics Ltd., and Senior Managing Director of Ayala Corporation. Before joining IMI, he was the Northeast Area Sales Manager and Acting Designs Center Manager of American Microsystems Inc. (Massachusetts), from 1994 to 1998, of which he became the Managing Director of Asia Pacific Region/Japan from 1998 to 2001. He graduated with a B.S. in Electronics Communications Engineering degree from Mapua Institute of Technology in 1982 and attended postgraduate programs at the University of Idaho, Singapore Institute of Management, IMD, and Harvard Business School.

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