Mark Mobius eyeing $2-B investment in PH

Mark Mobius

Manila, Philippines- The known expert in the game of country investing, Mark Mobius is taking another chance for the Philippines to invest. As chairman of the Templeton Asset Management which has about $50 billions funds to invest in emerging market like the Philippines,he said his interest on investing more in the Philippines was due to the intensive drive of President Aquino against corruption. At the moment there are about $300 million investment of the Templeton group in the Philippines which could possibly increase to $2 billion if the business climate is right, according to Mobius.

As remembered, Templeton had pulled out it's investment in 2000 during the term of President Estrada