Investors can see anti-corruption efforts — PalacePresident Ferdinand Marcos Jr. meets with members of his economic team on Friday, Jan. 30, 2026. MANILA, Philippines — After the Philippines recorded a sharp decline in economic growth due to the corruption scandal, Malacañang on Friday remained confident that it could win back consumer and business confidence through its anti-corruption efforts. After the Philippines recorded a sharp decline in economic growth due to the corruption scandal, Malacañang on Friday remained confident that it could win back consumer and business confidence through its anti-corruption efforts. Marcos’ economic chief Arsenio Balisacan has attributed the decline to the corruption scandal shaking people’s trust. Despite some believing that not enough people have been arrested or detained, the Palace maintained that efforts are ongoing.

Source: Philippine Star January 30, 2026 08:13 UTC