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Monday, April 22, 2024

PBBM sees ‘enhanced collaboration’ with Singapore

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President Ferdinand Marcos Jr. said that the Philippines can expect “enhanced collaboration” with Singapore after his successful five-day working visit to the island state.

In a post on his social media accounts on Monday, President Marcos shared that while in Singapore, he had a “promising discussion” with Singapore’s Prime Minister Lee Hsien Loong and Deputy PM Lawrence Wong during dinner on Sunday.

“Our countries can expect enhanced collaboration on multiple fronts to address common global challenges,” Mr. Marcos said.

“Later in the evening, we watched Ferrari clinch the podium at the F1 (Formula 1) Grand Prix (race in Singapore),” the President added.

Mr. Marcos attended the F1 race at the invitation of Prime Minister Lee.

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The President returned to the country Sunday night after leaving for Singapore on September 13 after he was invited to speak at the 10th Asia Summit hosted by the Milken Institute.

While abroad, Mr. Marcos met with various economic managers and business leaders to discuss the Philippines’ priority policies and programs to transform its economy.

The Philippines received a P11-billion investment pledge from Singapore-based multinational firm Dyson, which plans to invest in the country in the next two years.

Earlier, India’s GMR Group also expressed its intention to invest in the country’s airport, road, and renewable energy projects.

Meanwhile, Malaysian retail specialist Valiram Group said it is looking to expand its operations in the Philippines by developing airport outlets for duty-free retail tourism.

The President also surprised overseas Filipino workers in Singapore after he went to Lucky Plaza Mall, where OFWs usually gather during the weekends.

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