President Barack Obama held a little-noticed meeting in March with executives of a Belgian aerospace company while in Brussels to meet European leaders. It was barely a footnote in a trip dominated by tensions with Russia over Ukraine.
The European Union remains committed to pour in foreign investments to the country in the areas of trade, energy, governance, urbanization and migration, a Malacañang official said.
By Amy R. Remo
Thailand’s Mahaphant Group, the largest fiber cement producer in the region, will invest an initial $20 million to set up a manufacturing facility in the Philippines, which it considers to be one of the priority markets in Southeast Asia.
By Tarra Quismundo
With peace at hand in Mindanao, President Benigno Aquino III on Friday invited the Malaysian business community to invest in the region, citing how government reforms and a fairer business climate have led to an economic revival in the Philippines in recent years.
By Niña P. Calleja
Since the Philippines became the first business process outsourcing (BPO) hub for the United Kingdom’s foreign offices two years ago, the British government has saved roughly 2.3 million pounds (P192 million).