The pitches made by President Ferdinand Marcos Jr. in his trips abroad have yielded growing foreign investments, the Department of Trade and Industry said. Trade and Industry Secretary Alfredo Pascual confirmed that Marcos' foreign trips have started to yield "tangible results." "We will keep our momentum to make more investments happen in the Philippines by turning investment pledges from presidential visits into reality. "Certainly, the presidential visits have been impactful for the Philippine economy, signaling to both local entrepreneurs and foreign investors alike the government's commitment to fostering a conducive environment for economic prosperity. The Philippines has become a premier investment destination for foreign businesses in Asia," he added.

Source: Manila Times February 20, 2024 14:13 UTC