Japanese investors in the Philippines have warned that the strong appreciation of the peso against the US dollar could be negating the gains in the country’s cost competitiveness in the manufacturing sector. Tomohiro Ando, Investment and Economic Partnership Agreement advisor of the Japan External Trade Organization (JETRO) Manila, raised the foreign ...

Source: Manila Bulletin (https://mb.com.ph/2021/05/31/japanese-firms-feel-the-pinch-of-strong-peso/?utm_source=rss&utm_medium=rss&utm_campaign=japanese-firms-feel-the-pinch-of-strong-peso)