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Lopez: $6B Japanese investment pledges to create 500,000 jobs (The Philippines)
ABS-CBN News ^ | November 2, 2017 | Davinci Maru

Posted on 11/02/2017 9:55:20 AM PDT by 2ndDivisionVet

MANILA - Investment pledges from Japan worth $6 billion are expected to generate at least 500,000 jobs in the Philippines, Trade Secretary Ramon Lopez said on Wednesday.

"We had a successful visit, bringing home about $6 billion of fresh investments from various companies that are tying up with several Philippine companies," Lopez said on ANC's Business Nightly.

The latest batch of 18 business ventures, which include investments in manufacturing, infrastructure, and information and communications technology, were secured following President Rodrigo Duterte's official visit to Japan, he said.....

(Excerpt) Read more at news.abs-cbn.com ...


TOPICS: Business/Economy; Culture/Society; Foreign Affairs; Politics/Elections
KEYWORDS: japan; jobs; philippines; poverty

1 posted on 11/02/2017 9:55:20 AM PDT by 2ndDivisionVet
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