Financial firm HSBC is eyeing to expand its business interests in the Philippines. President Ferdinand ''Bongbong'' Marcos Jr. on Thursday welcomed Mark Tucker, chairman of the Hongkong and Shanghai Banking Corporation Holdings plc, during a courtesy call at the West Room in Malacañang Palace. Tucker discussed HSBC’s keen interest in exploring opportunities to strengthen the partnership between the firm and the Philippine government.
For his part, Marcos expressed his appreciation for HSBC’s continued business presence in the Philippines as he conveyed the government’s commitment to providing a conducive environment to further bolster the confidence of foreign investors in the country. “Thank you again for HSBC’s continued interest. We continue to encourage, well, the economy, actually, we’ve tried to open it up, we put very, we put much … on the fact that private partnerships are necessary,” Marcos said.