THE state visits by President Ferdinand Marcos Jr. has significantly impacted the Philippine economy with increases in net foreign direct investments (FDI) and a reduction in unemployment rates, Department of Trade and Industry (DTI) Secretary Alfredo Pascual said.
The manufacturing sector took the lead in gross equity capital placements, which accounted for 50 percent, followed by real estate at 15 percent, and financial and insurance at 12 percent.
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