Shangri-la chain bares Plan to expand in RP
TAKING advantage of the opportunity while on official travel, President Gloria Macapagal Arroyo nailed another hopeful chance for investments in the country, this time with Hongkong based Kuok group.
Kuok Group of Companies, owners of the Shangri-la hotel chains committed to expand their business in the Philippines, during a meeting with the president in Hongkong.
According to Press Secretary Cerge M. Remonde, officals of Kuok group announced their plans in expanding their hotel and resort business, a big booster helping the tourism industry in Philippines.
Remonde also said that aside from their hotels and resorts, the Kuok group will also invest on the Philippine Palm oil industry. (PIA)
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