Taiwan and the Philippines signed a new bilateral investment agreement (BIA) on Thursday, making it the first updated investment agreement that Taiwan has signed with a country targeted by its New Southbound Policy. Taiwan's representative to the Philippines Gary Song-huann Lin (2nd right) and Philippines representative to Taiwan Angelito Banayo (2nd left) represented their respective countries at the signing which took place in the Filipino city of Makati. Photo: Central News Agency

China unhappy as Philippines signs investment deal with Taiwan

Topic |   The Philippines

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Taiwan and the Philippines signed a new bilateral investment agreement (BIA) on Thursday, making it the first updated investment agreement that Taiwan has signed with a country targeted by its New Southbound Policy. Taiwan's representative to the Philippines Gary Song-huann Lin (2nd right) and Philippines representative to Taiwan Angelito Banayo (2nd left) represented their respective countries at the signing which took place in the Filipino city of Makati. Photo: Central News Agency
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