A lawmaker on Wednesday said the 90-percent increase in the country’s foreign direct investments is proof that President Ferdinand Marcos Jr.’s trips abroad benefit the Philippine economy.
“A 90-percent increase in FDI is nothing to sneeze at. What we see is only the beginning and we look forward to more investments this year,” he added. Japan was the leading source of FDI for the month, accounting for 69 percent of the total, followed by the United States at 19 percent.“This is no coincidence because the President met with Japanese Prime Minister Fumio Kishida and other ASEAN leaders in Tokyo last December,” Reyes noted.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
President Marcos and First Lady Araneta-Marcos Comfortable Despite Flu-like SymptomsPresident Ferdinand 'Bongbong' Marcos Jr. and First Lady Louise 'Liza' Araneta-Marcos were comfortable despite having flu-like symptoms, the Presidential Communications Office said Friday. The President and the First Lady continued to experience flu-like symptoms, but their condition had notably improved. Marcos would resume full public engagement soon per his physician's clearance.
Source: gmanews - 🏆 11. / 68 Read more »
Marcos Jr., Liza’s secret to wedded bliss: Sense of humorPresident Marcos and First Lady Liza Araneta-Marcos marked their 31st wedding anniversary on Wednesday.
Source: PhilstarNews - 🏆 1. / 94 Read more »
China says ‘lot of work to be done’ still for Ukraine peaceDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »
Security Council to vote today on Palestinian UN membershipDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »
Trial judge warns Trump over intimidation, 7 jurors pickedDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »
US says new sanctions on Iran coming soon after weekend hitDefining the News
Source: MlaStandard - 🏆 20. / 55 Read more »