30 Apr '18, 8am

PH receives $185.7 million investment pledges from Singapore

PH receives $185.7 million investment pledges from Singapore

SINGAPORE – President Rodrigo Duterte inked $185.7 million worth of investment pledges from Singapore during the sidelines of the 32nd Association of Southeast Asian Nations (Summit) on April 28, the trade department said Monday. The pledges will bring investments from Singaporean companies that will also result to the creation of 1,920 job opportunities, the Department of Trade and Industries (DTI) said in a statement. The pledges will cover collaborative works on aviation, sustainable urbanization solutions, packaging, film manufacturing, marine renewable energy, information, communications technology, financial technology, water solutions, prefabricated projects, food and blockchain technology, the statement said. “With our robust bilateral trade and investments ties, we are confident that these new business agreements will even deepen our relationship further. These wi...

Full article: http://news.abs-cbn.com/business/04/30/18/ph-receives-185...

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