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TURNING POINT: Earning a Wealth of Promises

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NAAWAN, Misamis Oriental (MindaNews / 20 December)—Since taking office in 2022, President Bongbong Marcos has, accordingly, logged 18 foreign travels, 12 of which happened this year.

Malacañang has justified the President’s trips, saying these have earned the country trillions of pesos in investment pledges.

The Presidential Communication Office (PCO) said that the total foreign investments pledged during Marcos’ trips were: Indonesia, $8.48B; Singapore, $6.54B; United States, $3.847B; Thailand, $4.62B; Belgium, $2.20B; China, $24.239B; and Japan, $13B. These pledges could, accordingly, generate millions of job opportunities.

PBBM said that the measure of success of his trips abroad is the return of investment (ROI). He looks satisfied saying that one successfully signed memorandum of understanding (MOU) is enough to make all the previous trips worth it.

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