The investments came from manufacturers of high-technology products such as TDK Corp., which plans to invest P7.2 billion; Taiyo Yuden, P1.6 billion; Terumo Corp., P1 billion; and Almex Technologies, P1 billion.
At the sidelines of the 43rd Asean Summit in Jakarta on Tuesday, Sept. 5, Department of Trade and Industry (DTI) secretary Fred Pascual revealed that two Indonesian technology companies -- PT Vaksindo Satwa Nusantara, and PT WIR Asia Tbk – will be investing heavily in the Philippines in the next few years.
As a “smart capital” partner, ARQ bridges the funding gap for companies seeking growth capital, matching their cash cycle with customized financing products, and provides entrepreneurs with solutions beyond finance.
Japanese firm Yokowo recently decided to choose the Philippines as the site of a new subsidiary for automotive wiring harness and components manufacturing and assembly operations.
Small borrowers and lenders looking to secure a loan or lend money can now do so easily and safely through MoneyMatch, an online peer-to-peer (P2P) lending platform developed by FinTech Global Resources Inc.
