Marcos: Philippines poised to become 'destination of choice' for business

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Facing international trade partners, President Ferdinand Marcos Jr. said Friday that the Philippines is poised to become the 'destination' of choice for businesses and investors.

Facing international trade partners, President Ferdinand Marcos Jr. said Friday that the Philippines is poised to become the "destination" of choice for businesses and investors.

“In the years ahead, you will see the Philippines will be a destination of choice when it comes to doing business where innovation, excellence, and sustainability meet with Filipino creativity and ingenuity to secure the needs of our time,” Marcos said in a gathering at the Shangri-La, The Fort in Taguig City.

Dubbed as “Tanyag”, the formal export trade networking activity was organized by the Department of Trade and Industry through the Center for International Trade Expositions and Missions to present Philippine-made products and services to the global stage. Various government agencies, business leaders, and trade diplomatic partners joined the event.

“Seeing all of you here, particularly our trade diplomatic partners, legislators, partners from foreign embassies, private and government sectors gives me a renewed sense of hope that we will indeed rise above the economic setbacks and emerge stronger than ever,” he said.

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Landbank-DBP merger in the worksThe Marcos administration is pursuing plans to merge state-controlled lenders Landbank and Development Bank of the Philippines, potentially creating the country’s largest banking entity with combined assets of about P3.8 trillion. READ: Di ba magkaiba ang role nila? DBP is for industries, while Landbank is for agri. Bakit ime-merge? Para iisa na lang ang kukupitan 🤮 Pagpinagsama sama nga naman eh mas madaling nakawin.
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