Philippine Daily Inquirer-Sept 12, 2022

President Marcos Jr. brought home $14.36 billion in investment pledges during his first official foreign trip last week to Indonesia and Singapore. Once realized, the 10 letters of intent and 12 memorandums of understanding (MOUs) signed in renewable energy, data centers, e-commerce, broadband technology, government housing, and agriculture will be a big help to the country’s economic recovery from the impact of the COVID-19 pandemic. Among others, the President saw $822 million worth of commitments in textiles, energy, technology, and agribusiness, and $7 billion in infrastructure for unsolicited private-public partnerships (PPPs). In Singapore, the President secured a total of $6.54 billion worth of foreign investment pledges capable of generating 15,000 jobs. Read more at: https://opinion.inquirer.net/156884/economic-diplomacy First published in Philippine Daily Inquirer