News Snapshot:
The Philippine Economic Zone Authority said Tuesday it is set to approve four big-ticket investment projects from Japanese industrial companies that are into production of multilayer ceramic capacitors, brushless DC motors and biomass carbonization. “[We] got this assurance on continued robustness of Japanese FDI inflows into the Philippines from my recent meetings with the top executives of the Japanese Embassy in the Philippines, Japan External Trade Organization, Japanese Chamber of Commerce and Industry of the Philippines Inc., Japan International Cooperation Agency and Cavite Economic Zone Investors Association,” said PEZA officer-in-charge Tereso Panga. Panga did not identify the four Japanese investors....
