Tax issues and corruption in the Southeast Asian nation turn off companies

Philippine President Ferdinand Marcos Jr. is in Japan on a state visit, where he will meet with executives from Japanese companies operating in the Southeast Asian country -- a club that remains wary of the Philippine government due to tax and corruption issues. (Nikkei montage/Source photos by Ken Kobayashi and Akira Kodaka) 

MANILA -- Philippine President Ferdinand Marcos Jr. will hold talks with Japanese Prime Minister Sanae Takaichi during a four-day state visit to Tokyo that began Tuesday. While he and Takaichi are expected to deepen and accelerate their countries' security partnership, Marcos is likely to have a more difficult time pitching Philippine investment opportunities to Japanese investors and business leaders.

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