BBM the BoldPresident Ferdinand “Bongbong” Romualdez Marcos Jr. has a bold foreign policy. Both strategic powers are friends of the Philippines but BBM manages to keep China at bay without losing the latter’s economic support, cultural ties and friendship. We will aim to feed the hungry, free the bound and banish poverty,” said President Marcos Jr. last June 12 at the Luneta. BBM aims to halve poverty incidence to 9 percent by the end of its term in June 2028. China has $3.4 trillion reserves, South Korea $423 billion, Singapore $289 billion, Thailand $225 billion, Indonesia $140 billion, Malaysia $114 billion and the Philippines, $101 billion.

Source: Philippine Star June 15, 2023 04:25 UTC