Investments from Japan will give more jobs to Pinoys —analyst Heydarian


GMA resident analyst Richard Heydarian on Tuesday said investments from Japan will provide more jobs for Filipinos.
"The investments of Japanese are more helpful to ordinary Filipinos kung titingnan mo breakdown ng jobs and opportunities, not to mention issues of equality and transparency," Heydarian said in an interview on GMA News' Unang Balita.
"Mahalaga ang Japan dahil top trading partner natin ang Japan, top investment partner natin at of course, top source infrastructure investment ang Japan," he added.
President Rodrigo Duterte is set to visit Japan to attend the Nikkei's 24th International Conference on the Future of Asia on May 30 and 31.
According to Heydarian, Duterte's official visit to Japan is a good opportunity for him to meet "major investors and thinkers" hailing from other countries.
"Ito 'yung isang panahon o oportunidad para kay Pangulong Duterte para ma-meet niya 'yung mga investors sa Japan at of course si Prime Minister Shinzo Abe," Heydarian said.
"'Pag titingnan mo, ang beshie talaga ni Pangulong Duterte ay Japan... kasi may consulate ang Japan sa Davao ever since, big investors ang Japan. Marami sa infrastructure projects, public services sa Davao ay funded by Japanese aid agencies so this is a good relationship," he added.
Heydarian believes that the Philippines' ties with Japan is the "most important economic relationship over the past two or three decades."
Earlier, the Department of Trade and Industry noted that the two countries are also set to sign business deals worth P300 billion.
According to the DTI, there will be more than 20 business agreements which include deals in infrastructure, manufacturing, electronics, medical devices, business process outsourcing (BPO) as well as electricity, transport, automotive, food manufacturing and marine manpower industries. —Anna Felicia Bajo/KG, GMA News

Comments

Post a Comment

Popular posts from this blog

PCG: China’s bullying in West Philippine Sea undermines international law --- Ghio Ong - The Philippine Star

MANILA, Philippines — Letting China sustain its aggression in the West Philippine Sea would make other countries doubt the strength of international law currently being asserted by the Philippines, Commodore Jay Tarriela of the Philippine Coast Guard (PCG) said. “Allowing China to blatantly disregard the established rules-based order threatens the very foundation that we all depend on,” he wrote in a post on X last Tuesday. He added, “If we permit this, countries worldwide may forget why this order was created in the first place. Nations could begin to doubt the significance of adhering to international law if powerful bullies can easily violate it.” Tarriela also said defiance of other countries to a rules-based order would result in the prevalence of cruelty. He wrote, “This could lead us back to a time when might makes right, undermining the global structures that keep human greed, savagery and barbarism in check. Such a scenario would not only invite challenges from aggressive ...
Read more

China ships maintain presence in key West Philippine Sea areas --- Michael Punongbayan - The Philippine Star

STAR / Michael Varcas MANILA, Philippines — While Chinese vessels in the West Philippine Sea (WPS) have decreased in number, they have maintained a presence in three key land features where naval and coast guard ships have intensified operations in the past seven days, according to the Philippine Navy. Latest monitoring by the Philippine Navy showed armed ships of the People’s Liberation Army Navy (PLAN) maintaining a menacing presence around the grounded BRP Sierra Madre in Ayungin Shoal, Panatag Shoal and Escoda Shoal. According to the Philippine Navy, there are 17 Chinese military vessels and 28 China Coast Guard (CCG) boats spotted inside the country’s exclusive economic zone (EEZ) between Sept. 23 and 30, or one vessel more than in the previous week Sept.17-23. Five of the warships were seen roaming around the vicinity of Escoda Shoal, along with 10 CCG vessels and 12 maritime militia vessels (MMVs). There are also two PLAN ships in Ayungin Shoal as well as 10 CCG boats and 12...
Read more

Social media seen as cause of rising intermarriages --- Helen Flores - The Philippine Star

MANILA, Philippines — The Commission on Filipinos Overseas (CFO) sees social media as the main reason for the rising number of Filipinos marrying or becoming partners of foreign nationals. In 2022, the CFO recorded 6,854 marriages or partnerships with foreign nationals, a 40.1 percent increase from the 4,891 “intermarriages” recorded in 2021. “First of all, what we see in the increase in the marriage rate of Filipinos or Filipinos with foreign partners is because of social media, (that) is number one; matchings; letters, introduction of their friends,” CFO chairperson Romulo Arugay said at the Bagong Pilipinas Ngayon public briefing yesterday. Arugay said the agency has been registering a high number of intermarriages since 2007, but the figures went down during the COVID-19 pandemic. From over 6,500 Filipinos who married foreign nationals, only 600 are men, he said. Most of them are married to Americans, Japanese, Germans, Canadians and Australians, Arugay said. Arugay warned Fi...
Read more