PH clinches $3.4-B investment pledges in PBBM meet with Japanese execs

MANILA – The Philippines has secured around USD3.4 billion in investment pledges from Japanese companies following a high-level business roundtable meeting led by President Ferdinand R. Marcos Jr. in Tokyo on Wednesday. The commitments were announced during Marcos’ meeting with top Japanese business leaders at the Imperial Hotel in Tokyo, the Presidential Communications Office (PCO) announced. “The roundtable concluded with a massive visual vote of confidence for the administration’s economic agenda, yielding an aggregate investment commitment of USD3.4 billion (approximately PHP210 billion) from participating Japanese corporations,” the PCO said. The PCO noted that combined capital inflows are projected to catalyze […]...

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