HSBC Philippines CEO Wick Veloso speaks to IBTimes UK about challenges and opportunities (Photo: IBTimes UK)
HSBC Philippines CEO Wick Veloso speaks to IBTimes UK about challenges and opportunities (Photo: IBTimes UK)

Asia has consistently been tipped as the beacon for growth, even amid a slowdown in some of the incumbent economies.

However, the Philippines is forecasted to grow by 7.1% in 2013 as it is among one of the region's most resilient economies.

Speaking exclusively to IBTimes UK, Wick Veloso, chief executive of HSBC Philippines detailed the challenges and opportunities when doing business in the country and what key sectors are primed for investment.

For the full interview, check out IBTimes TV or the video on the top right hand side of the page.