President Ferdinand Marcos Jr. met with Mitsubishi Corporation and Ayala Corporation executives in Singapore to discuss Mitsubishi’s $700-million investment in Ayala, one of the Philippines’ largest foreign equity investments in recent years.
They also reviewed agreements signed during Marcos’ state visit to Tokyo in May, including Makati’s Intelligent City initiative and digital finance partnerships through GCash.
Marcos reaffirmed the government’s support for investments through tax incentives, faster project approvals, and policies allowing full foreign ownership in renewable energy.
During the Forbes Global CEO Conference, he promoted the Philippines as an investment destination in sectors such as technology, infrastructure, energy, and health care.
Marcos and Finance Secretary Frederick Go also met with FedEx executives to discuss expanding logistics, e-commerce, and supply chain opportunities in the country.
Source: PhilNews24 | October 12, 2026
