Marcos to witness defense pacts with Indonesia, Singapore 


PHILIPPINE President Ferdinand R. Marcos, Jr. will witness the signing of key defense agreements during his inaugural visits to Indonesia and Singapore this month, according to the Foreign Affairs department.  

Mr. Marcos would meet with Indonesian President Joko Widodo, it said in a statement. 

A comprehensive plan of action that will “chart the two countries’ bilateral priorities over the next five years” would also be signed, it added. 

Mr. Marcos and Mr. Widodo are expected to discuss cooperation on defense, maritime, border, economic and people-to-people cooperation, the agency said.  “They will also exchange views on major issues affecting the region and the world.”  

The President will also meet with business leaders in Indonesia to promote trade and investments and ask them to support the Philippines’ economic agenda.  

Mr. Marcos would also meet with Singaporean President and Prime Minister Lee Hsien Loong to discuss relations between the two countries, as well as regional and global issues. 

The two will witness the signing of key agreements in counter-terrorism and data privacy, it added. 

An economic briefing and business roundtable meetings will be organized in Singapore, “where the president intends to invite investments into the Philippines and create more job opportunities in the country.” — Kyle Aristophere T. Atienza 

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

Your daily news source covering investing ideas, market stocks, business, retirement tips from Wall St. to Silicon Valley.

Disclaimer:, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2021 TheProficientInvestor. All Rights Reserved.

To Top