JAPANESE companies have pledged at least $6 billion worth of new investments in the Philippines, Trade Secretary Ramon Lopez has announced. “The total new investments reached $6 billion,” Lopez said. The 18 Japanese companies who pledged investments to the Philippines were:Advertisements1. Filipino companies which expressed intention to engage in joint ventures with Japanese firms were:1. The Philippines’ net equity capital investments, meaning new foreign direct investments (FDI), dropped to $141 million as of July from $1.45 billion in 2016.

Source: Manila Times October 31, 2017 02:11 UTC