SINGAPORE — President Ferdinand “Bongbong” Marcos Jr. presented the Philippines’ vision for stronger global investment, technological advancement, and economic competitiveness. He spoke during his engagement with Steve Forbes, chairman and editor-in-chief of Forbes Media. The event was the Forbes Global CEO Conference at Shangri-La, Singapore.
The engagement underscored the Philippines’ ambition to become a competitive destination for international investors. The focus is on harnessing Filipino talent and encouraging innovation. It also aims to open new opportunities for businesses and industries.
Investments that create real opportunities
At the heart of the message was a clear economic priority. The country wants to attract investments that create real opportunities for Filipinos. Beyond capital inflows and business expansion, it seeks investments that generate quality jobs. They should also strengthen local industries, accelerate technology adoption, and support sustainable economic growth.
The Philippines has significant potential to compete in the global marketplace through its workforce, entrepreneurial spirit, and capacity for innovation. However, realizing that potential requires sustained efforts. The country must build investor confidence and foster a supportive business environment. It must also establish partnerships that turn economic opportunities into concrete benefits for communities.
Staying engaged with global business leaders
The discussion with Forbes also highlighted an important point. The Philippines must stay engaged with global business leaders. Economies are navigating rapid technological change and intensifying international competition.
For the country, the challenge is not simply to attract more investments. Rather, it must ensure that these investments contribute to long-term national development. They should also improve the lives of ordinary Filipinos.
The ultimate measure of investment is not just how much capital enters the country. It is how many jobs it creates. It is also how much stronger Filipino industries become, and how many families gain a better future.
The Philippines’ message to the international business community is clear. The country is working to turn its talent, ambition, and economic potential into lasting opportunities. In this way, it aims to secure a stronger place in the global economy.
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