Marcos welcomes Thai firm's P2.9-B investment

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VIENTIANE — President Ferdinand Marcos Jr. on Wednesday commended Thailand's Shera Public Co. Ltd.'s plan to expand operations in the Philippines, saying its fiber cement plant in the country will provide employment and cut expenses on imports.

VIENTIANE — President Ferdinand Marcos Jr. on Wednesday commended Thailand's Shera Public Co. Ltd.'s plan to expand operations in the Philippines, saying its fiber cement plant in the country will provide employment and cut expenses on imports.'We're proud to welcome Shera Public Company Limited's investment in the Philippines.

'Marcos, who attended a business meeting with top Shera executives, headed by Chief Executive Officer Ongek Taechamahaphant and Philippine Country Head Thunnop Jumpasri, issued the statement at the sidelines of the 44th and 45th Association of Southeast Asian Nations Summits at Latsavong Wanda Vista Hotel in Vientiane.

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