Philippines gets $5 billion in investment pledges from German, US companies
U.S. Commerce Secretary Gina Raimondo concluded a two-day trade mission to the Philippines on Tuesday with executives from 22 companies including United Airlines, Alphabet's Google, Visa, and Microsoft.
In Germany, the Philippines signed eight investment pacts covering solar cell manufacturing, modification of automotives, and production of military-grade armoured personnel carriers. (Image credit: Reuters)