(UPDATE) THE Coca-Cola Co. is planning to invest $1 billion in the Philippines over the next five years as part of the multinational beverage firm's expansion in the country, Malacañang announced on Tuesday.
The commitment was made during President Ferdinand Marcos Jr.'s meeting with Sabin Aboitiz, Aboitiz Equity Ventures Inc. (AEV) president and chief executive officer, and Sol Daurella Comadrán, Coca-Cola Europacific Partners (CCEP) chairman.
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