Japanese firms eyeing expansion opportunities in PH – envoy
In a recent courtesy call to Finance Secretary Carlos Dominguez III, newly designated Japan Ambassador to the Philippines Koshikawa Kazuhiko said that Japanese firms are exploring ways of realigning their supply chains to countries like the Philippines.
The envoy said that the Senate approval of the Corporate Recovery and Tax Incentives for Enterprises (CREATE) bill was welcomed by Japanese investors doing business in the Philippines.
Further, Koshikawa commended the Philippines’ economic team for its “sound fiscal management” amid the pandemic. He also restated Japan’s continuing support for the country’s efforts to prevent the spread of the virus and recover from the economic repercussions of the crisis.
