Title:

 Udenna-China Telecom deal may prompt more Chinese firms to enter Philippines

Author:

Denise Valdez

Source:

Business World

Date:

 April 29, 2019

Description:

THE $5.4-billion deal signed last week by Udenna Corp. and subsidiary Chelsea Logistics Holdings Corp. with China Telecommunications Corp. for a telecommunications joint venture may prompt more Chinese firms to pour investments in the Philippines.