Even bigger investments from the United States and Japan are coming our way in the next five years and the number could go as high as $200 billion – double the initial $100-billion estimate that Ambassador to the United States Jose Manuel “Babe” Romualdez earlier revealed.
WASHINGTON – Even bigger investments from the United States and Japan are coming our way in the next five years and the number could go as high as $200 billion – double the initial $100-billion estimate that Ambassador to the United States Jose Manuel “Babe” Romualdez earlier revealed.
The potential investments coming our way are in the area of manufacturing, clean energy, electronics and semiconductors, among other sectors. The bigger impact of these developments, the ambassador said, is that it would help ensure economic security for the country. We’re getting there, Amb. Babe said, because there is more confidence in the stability of the country today than in recent years, and especially after the pandemic.
CG Senen shared the same optimism on our economy, noting that the economic partnership with the United States is now more open, deeper and expanded and would certainly help the country’s growth. The real test is whether or not these investments actually happen and translate to real economic activities for the country and create jobs for Filipinos.
As I said, there’s a long to-do list before the Philippines achieves economic security, but forging goodwill is a good start.Flex your summer! 4 must-do activities to make this sunny season your best yetFor only P399: Elevate your skincare routine with your favorite serum brands at Watsons' Online Sale on April 26
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