Philippine President Ferdinand Marcos Jr. has received $6.54 billion in investment pledges during his Singapore trip.
(Bloomberg) — Philippine President Ferdinand Marcos Jr. has received $6.54 billion in investment pledges during his Singapore trip.
The commitments, expected to generate jobs for 15,000 people, include a $5 billion investment in electric tricycles and $1.2 billion in floating solar technology, Press Secretary Trixie Cruz-Angeles said in a statement Thursday.
The Singapore government also assured 10,000 new job orders for Filipino workers, adding to the 200,000 already working in the city state, according to the statement. About $8.5 billion in investment pledges were secured during Marcos Jr.’s visit to Indonesia early this week, the first leg of his first official overseas trip.
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