President Ferdinand “Bongbong” Marcos Jr.’s foreign trips this year yielded $23.6 billion of investment pledges, the Department of Trade and Industry said.According to DTI’s year-end report, Marcos’ visits to Indonesia, Singapore, the United States, Cambodia, and Thailand brought billions of pesos in investments as the administration gears toward aggressively attracting more foreign businesses to come to the Philippines.
The DTI’s performance report said the BOI and the Philippine Economic Zone Authority had a combined approved investment of P402 billion, which could generate some 54,217 local jobs. The BOI also generated 90 foreign investment leads with an estimated value of P204.9 billion which could entail 98,393 local jobs.
Pledges. Still waiting for action.
Please fix the NAIA airport urgently. The serpentine immigration queues, lack of digital infra, dilapidated structure, zero facilities (in T2), horrendous baggage belts, shortage of trolleys etc are really not in line with the tourism potential the country has. Have to upgrade
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