President Ferdinand “Bongbong” R. Marcos, Jr. said he was able to reap over P804 billion worth of business deals during his “fruitful and engaging” four-day State Visits in Indonesia and Singapore.
“These investments if we put it all together value US$14.36 billion or P804.78 billion. This will support our country’s economic recovery efforts and create more jobs for Filipinos here in our country,” Marcos said. Marcos said he will give a detailed breakdown of the said investments in the coming days, which he hopes will be realized leading to the creation of more local jobs.
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Marcos secures P804.78-B investment pledges from Indonesia, SingaporePRESIDENT Ferdinand “Bongbong” Marcos Jr. said Wednesday, September 7, 2022, that a total of $14.36 billion or P804.78 billion worth of investment pledges were secured during...
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Philippines' Marcos touts $14 billion investment pledges from 'fruitful' overseas tripPhilippines leader Ferdinand Marcos Jr has touted his first overseas trip as a success that secured investment pledges of $14 billion, as the son of the country's late ruler eyes economic gains to get his presidency off to a strong start. During visits this week to Indonesia and Singapore, Marcos met leaders of government and commerce and declared the Philippines open for business, inviting private capital to upgrade and expand roads, airports and seaports in the archipelago of 110 million people.
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