Marcos vows more liberal reforms to attract investments

To make the Philippines a more attractive investment destination, President Ferdinand "Bongbong" Marcos Jr. promised to continue reforms to ease doing business and cut bureaucratic processes in the government.

Marcos, who was aiming for growth of up to 8 percent a year from 2024 to 2028, gave strong indications that his administration would pursue more liberal economic reforms as part of efforts to attract more foreign direct investments.