Sunday 21 October
Powered by Ajaxy
Oct 11, 2017 @ 14:13

Closer ties with Japan yields 1 trillion yen for PH

 

It pays well to be on the good side of the prime minister.

Finance Secretary Carlos Dominguez III had nothing but gratitude and goodwill to offer Japan as the two nations grow closer than ever. In fact, Manila and Tokyo have come together as bosom buddies, so much that Prime Minister Shinzo Abe has committed a total of 1 trillion yen in investment and development aid for the Philippines.

That translates to at least P450 billion which will support infrastructure projects promised by the Duterte administration. This includes funding for the Metro Manila subway plan.

“We are impressed with the commitment to excellence that imbues your corporate culture. We hope to benefit from the transfers of technology that invariably tracks investment flows,” Dominguez said as he talked sweetly to Japanese investors during the Philippine government roadshow in at the Conrad Hotel in Tokyo.

“We look forward to an even stronger partnership with the Japanese people.”

What a supportive ally!

Please follow and like us:

Tags: , , , , , , , ,

Related Stories
State-of-the-art sensors that can measure stress levels, mood, posture, performance and even smell took centre
Saturday marks the end of an era as the final tuna auction is held at
The reception at the Henn na Hotel east of Tokyo is eerily quiet until customers
Asia’s Best Female Chef Margarita Fores shared a photo of the grand kids of Baby


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.