Indonesia firm eyes PH operations

By Anna Leah E. Gonzales

May 19, 2022 12:17 am

THE Department of Trade and Industry (DTI) said an Indonesian company has expressed intent to invest in the country while another Filipino company recently inaugurated its P200-million expansion project.

The DTI, through the Philippine Trade and Investment Center in Jakarta, said it met PT WIR Asia, TBK to discuss the Indonesian Metaverse company's plan to deploy one of its subsidiaries in the Philippines with an initial projected investment of $20 million this year.

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