Marcos secures $672.3M investment pledges from week-long US trip

News Snapshot:

PRESIDENT Ferdinand Marcos Jr. will bring home $672.3 million worth of investment pledges from his participation in the 30th Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Meeting and related activities in San Francisco, California last week. In a statement, the Presidential Communications Office (PCO) said Marcos secured P400 million worth of investment pledges for the telecommunications sector; $250 million for semiconductor and electronics; $20 million in pharmaceutical and healthcare; $2 million for artificial intelligence (AI) for weather forecasting; and $0.3 million in renewable energy. Marcos witnessed the signing of deals between various Philippine- and US- based companies in the sidelines of...