Marcos bags investment deal with Thailand’s biggest firm

Photo courtesy: Bongbong Marcos | Facebook

Photo courtesy: Bongbong Marcos | Facebook

Ayon kay Presidential Communications Office Undersecretary Claire Castro noong Lunes, titiyakin ng administrasyong…

In the event that the permission of President Ferdinand Marcos Jr. would be necessary to approve the disclosure of the…

As President Ferdinand Marcos Jr. prepares to deliver his fifth State of the Nation Address, a teachers’ group on…

The Mariano Marcos Memorial Hospital and Medical Center (MMMH&MC) formally inaugurated the Banna Bucas Center on…

President Ferdinand Marcos Jr.’s public trust rating slipped ahead of his fifth State of the Nation Address (SoNA),…
President Bongbong Marcos has secured an investment deal with Thailand's biggest firm, Malacañang announced on Thursday.
According to the Office of the Press Secretary, Thai conglomerate CP Group has pledged to make more investments in the Philippines in aquaculture, rice, and swine production, following a dinner meeting with the President on Wednesday evening.
OPS said CP Group officials expressed interest in collaborating with the Philippines in swine, rice, corn, and aquaculture, as well as the development of the value chain of those industries to link them to local consumers.
CP Group currently has a $2 billion investment in the Philippines, according to OPS.
The largest and the most significant Thai investment in Philippine Agriculture is Charoen Pokphand Foods Philippines Corporation, a subsidiary of Charoen Pokphand Foods Public Company Limited.
CPFPC started operations in the Philippines in May 2010 with a rented feeds mill located in Guiguinto, Bulacan.
In 2012, the company made additional investments in aquaculture and agro-business in the country.