<center><img src='https://www.ft.com/__origami/service/image/v2/images/raw/https://s3-ap-northeast-1.amazonaws.com/psh-ex-ftnikkei-3937bb4/images/2/5/2/0/20900252-1-eng-GB/YK7I2824re3.jpg?source=nar-cms&width=1024&height=512&fit=cover&gravity=faces' alt='Shared From Dlike' /></center> ##### In 1989, Philippine conglomerate Ayala teamed up with two Japanese corporate giants to develop an industrial park south of Manila, cashing in on Japan Inc.'s bubble-era enthusiasm for overseas expansion. Thirty years later, Ayala is taking a page from its 1989 playbook, but this time the $11 billion company is turning to China. In April, real estate unit Ayala Land announced plans to develop the first Sino-Philippine Industrial Park and said it was in talks with a potential Chinese partner. READ the full report at : https://asia.nikkei.com/Business/Company-in-focus/Duterte-s-China-pivot-transforms-Philippines-oldest-conglomerate?utm_campaign=RN+Subscriber+newsletter&utm_medium=daily+newsletter&utm_source=NAR+Newsletter&utm_content=article+link&fbclid=IwAR3jw-CD74XF4Z_nxgqFbaeddj-YqPaHrUvVX1n3Jwm91huP1GCVGSZ-YNg ##### <center><br><a href='https://asia.nikkei.com/Business/Company-in-focus/Duterte-s-China-pivot-transforms-Philippines-oldest-conglomerate?utm_campaign=RN+Subscriber+newsletter&utm_medium=daily+newsletter&utm_source=NAR+Newsletter&utm_content=article+link&fbclid=IwAR3jw-CD74XF4Z_nxgqFbaeddj-YqPaHrUvVX1n3Jwm91huP1GCVGSZ-YNg'>Source of shared Link</a><hr><br><a href='https://dlike.io/'><img src='https://dlike.io/images/dlike-logo.jpg'></a></center>
post_id | 75,309,132 | ||||||||||||
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author | guruvaj | ||||||||||||
permlink | dutertes-china-pivot-transforms-philippines-oldest-conglomerate---------nikkei-asian-review | ||||||||||||
category | dlike | ||||||||||||
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created | 2019-05-25 10:04:03 | ||||||||||||
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root_title | "Duterte's China pivot transforms Philippines' oldest conglomerate - Nikkei Asian Review" | ||||||||||||
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