MAKATI CITY Philippines - The Hong Kong-based Jardine Matheson Group is investing "approximately $1 million"" in the Philippines primarily to freshen up its Mandarin Oriental property in Makati City.In an exclusive interview with the Journal newly appointed Mandarin Oriental Manila General Manager Mark S. Bradford also hinted that more capital aside from the initial investment is being considered. ""We'll be investing approximately a million U.S. dollars in the next two quarters in enhancing some areas of the hotel. But after 33 years of operation a larger amount of money is being looked at. We're considering it . . .
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