The Philippines and Japan are expected to sign more than five business agreements during President Ferdinand Marcos Jr.'s visit here, Trade Secretary Alfred Pascual said on Saturday. Speaking to Filipino journalists here, Pascual said these deals would be on top of the investment pledges from the previous trip of the President to Japan. 'It's an expression of interest to invest in the Philippines, expressions of Japanese companies to invest in the Philippines.
Some are between Philippine company and Japanese company,' Pascual said during a media interview. The Trade chief said the signing only showed Japan's confidence in the business industry in the Philippines and a 'serious intent and serious plans to proceed with the investment.' 'It's support of the present policy of the administration in the sense that we are inviting foreign investors to come into the country, and these Japanese investments are most welcome. And they're among the largest investors in the Philippines already among all the nationalities that have operations in the country,' he adde