Japan execs to invest P210 billion in Philippines

Japanese businesses have committed to invest about P210 billion in the Philippines during President Marcos’ high-level round table meeting with investors on the sidelines of his four-day state visit here, Malacañang said yesterday. In a statement, the Presidential Communications Office said the combined capital inflows are expected to catalyze substantive macroeconomic benefits, expand domestic industrial capacity and directly generate thousands of high quality, specialized jobs for Filipinos.