Air Asia pledges $1B investment for PH

  • 📰 TheManilaTimes
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 92%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

MALAYSIAN low-cost airline AirAsia has pledged to invest $1 billion for the expansion of its operations in the Philippines, Malacañang said Friday.

Presidential Communications Secretary Cheloy Garafil said Capital A Berhad Chief Executive Officer Tan Sri Anthony Francis Fernandes made the commitment in a roundtable meeting with the President in Malaysia.'The Philippines is continuously reaping the fruit of the recently concluded three-day state visit of President Ferdinand R. Marcos Jr.

The President, who returned Thursday night from a three-day state visit to Kuala Lumpur, said that he secured some $285 million worth of investment pledges from businesses in leaders in Malaysia in the fields of food processing, multi-service digital platforms, aviation and aviation maintenance support services, logistics, manufacturing, infrastructure, and water and wastewater treatment, among others.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines