Business cooperation

The Board of Investments and Bank of China renew their memorandum of understanding to promote business cooperation and foreign investments in the Philippines. Signing the agreement are (seated, from left) BOI director Evariste Cagatan and Bank of China Manila Branch country head Hu Xinquan. Witnessing the event during President Ferdinand Marcos Jr.’s three-day state visit to China are (standing, from left) Trade Undersecretary and BOI managing head Ceferino Rodolfo and Bank of China executive vice president Chen Huaiyu.