TOKYO: Japan has expanded currency swap agreements with Indonesia and the Philippines, officials said on Friday, as Tokyo looks to bolster regional relations to counter the growing influence of China.

The deals—along with the renewal of an expired agreement with Singapore—came as Tokyo hosted a special three-day summit with leaders from the Association of Southeast Asian Nations (Asean) to mark the 40th anniversary of ties between the sides.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details