THE CONTINUED improvement of the Philippine economy may prompt Toyota Motor Corp. (TMC) to boost its local production of vehicles and auto parts, and even export completely built vehicles from its Sta. Rosa manufacturing facility.
THE BANGKO Sentral ng Pilipinas (Central bank of the Philippines) expects foreign direct investments to soon match inflows of “hot money” inflows, saying that the country’s improving macroeconomic fundamentals have spurred investors’ risk appetite.
