Tag: $9.8 billion investments

Duterte bags $9.8 billion in investments from China trip

Also secures P4.13-billion grant from Asian neighbor (Eagle News) –-The Philippines has secured an estimated US$9.8  billion worth of investments from nine business agreements signed with China during President Rodrigo Duterte’s official visit. Duterte himself made the announcement in his arrival speech in Davao City on Friday, April 13. The President said the signing of the business letters of intent (LOI) between the Philippine government and Chinese firms were expected to generate more than 10,000 […]