can gambling make you rich-Marcos secures $14.36B business deals from Indonesia, Singapore

President Ferdinand "Bongbong" Marcos Jr. returned to Manila following his inaugural state visits to Indonesia and Singapore, where he reaffirmed the Philippines' alliances and partnership with Southeast Asian neighbors. The President, along with members of the First Family including First Lady Marie Louise "Liza" Araneta-Marcos, their son Ilocos Norte Rep. Ferdinand Alexander "Sandro" Marcos, and other key Cabinet officials, arrived at the Ninoy Aquino International Airport in Pasay late Wednesday night. PHOTOS BY JOHN RYAN BALDEMORPresident Ferdinand "Bongbong" Marcos Jr. returned to Manila following his inaugural state visits to Indonesia and Singapore, where he reaffirmed the Philippines' alliances and partnership with Southeast Asian neighbors. The President, along with members of the First Family including First Lady Marie Louise "Liza" Araneta-Marcos, their son Ilocos Norte Rep. Ferdinand Alexander "Sandro" Marcos, and other key Cabinet officials, arrived at the Ninoy Aquino International Airport in Pasay late Wednesday night. PHOTOS BY JOHN RYAN BALDEMOR

PRESIDENT Ferdinand "Bongbong" Marcos Jr. on Wednesday announced that he secured $14.36 billion or P804.78 billion in investment pledges from his inaugural visits to Indonesia and Singapore.

Marcos, who arrived at the Ninoy Aquino International Airport Terminal 2 in Pasay City at around 10:25 p.m., described his inaugural state visits to our two important Asean neighbors as "fruitful and engaging."

"I'm glad to be back from Indonesia and Singapore. However successful and productive, it is always going to be good to come back home, lalong lalo na kung may magandang balita na sasabihin natin (especially when we have good news)," Marcos said in his arrival speech.

The President said the Philippine government inked several bilateral deals with Singapore and Indonesia, which are seen to strengthen key sectors—defense and security, creative economy, culture.

Marcos said he also met with business communities to explain the administration's policies and economic priorities, and to promote the country as an investment destination.

Get the latest news
delivered to your inbox Sign up for The Manila Times’ daily newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy.

He also assured the public that his government would work harder "to bring all these proposals to fruition."

"Gagawin namin lahat na itong mga sinimulan dito sa una kong state visit ay maging makabuluhan at matatapos natin hanggang maramdaman na ng pangkaraniwan na tao ang investment na 'yan (We will make sure that everything that we've started in my first state visit, these investments would be meaningful and bear fruit for the people)," the President said.

"We look forward to doing the detailed work necessary to bring all of these proposals to fruition. We will not stop until we can come back and say na itong mga nasimulan na MOU (that these MOUs that we've signed), letters of intent ay nagkaroon na ng resulta (will have their desired results)," he added.

Philippines
Previous:Joe Biden 'Outraged' Over Former Japanese Prime Minister Shinzo Abe's Assassination
Next:Michelle Obama Appears To Throw Shade At Trump: 'Once Our Time's Up, We Move On'