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Advocates Philippines
Marcos Secures Stronger PH-Singapore Ties, Boosts Investment Push
Photo credit: PCO
President Ferdinand Marcos Jr. said his two-day working visit to Singapore further strengthened the Philippines' partnership with the city-state, paving the way for deeper cooperation in trade, investment, artificial intelligence, digital technology, healthcare, and education.
In his post-visit statement on Thursday, the President said his meetings with Singapore Prime Minister Lawrence Wong, top business executives, investors, and regional industry leaders reinforced the strong relationship between the two countries despite global economic and geopolitical challenges.
Marcos said he and Wong agreed to expand collaboration in key sectors, including trade, AI, education, environmental initiatives, healthcare, and people-to-people exchanges. They also reaffirmed their commitment to promoting a stronger and more united ASEAN as Singapore and the Philippines prepare for their respective ASEAN chairmanships.
The President also met with major Singaporean companies, where he underscored the Philippines' push for digital transformation, infrastructure development, and better healthcare services.
Among the firms he met were Singtel Group and ABC Impact, both of which reaffirmed their plans to expand investments in the country. Singtel is set to grow the operations of NCS Philippines and further develop ST Telemedia Global Data Centres, while ABC Impact pledged continued support for the nationwide expansion of AC Health.
According to Marcos, these investments are expected to strengthen the country's digital infrastructure, enhance AI capabilities, improve healthcare access, and generate thousands of jobs for Filipinos.
The President likewise promoted investment opportunities in the Philippines during a Milken Institute roundtable, highlighting the Luzon Economic Corridor, the Public-Private Partnership Code, and the Green Lanes for Strategic Investments as reforms designed to speed up business approvals and attract more investors.
Marcos said the country's recent designation as an upper-middle-income economy, combined with its stable macroeconomic fundamentals, growing digital sector, skilled workforce, and ongoing reforms, positions the Philippines as a competitive and reliable investment destination in Southeast Asia.
He added that the visit reflected the enduring partnership between the Philippines and Singapore while reinforcing the country's commitment to regional cooperation and innovation.
In his post-visit statement on Thursday, the President said his meetings with Singapore Prime Minister Lawrence Wong, top business executives, investors, and regional industry leaders reinforced the strong relationship between the two countries despite global economic and geopolitical challenges.
Marcos said he and Wong agreed to expand collaboration in key sectors, including trade, AI, education, environmental initiatives, healthcare, and people-to-people exchanges. They also reaffirmed their commitment to promoting a stronger and more united ASEAN as Singapore and the Philippines prepare for their respective ASEAN chairmanships.
The President also met with major Singaporean companies, where he underscored the Philippines' push for digital transformation, infrastructure development, and better healthcare services.
Among the firms he met were Singtel Group and ABC Impact, both of which reaffirmed their plans to expand investments in the country. Singtel is set to grow the operations of NCS Philippines and further develop ST Telemedia Global Data Centres, while ABC Impact pledged continued support for the nationwide expansion of AC Health.
According to Marcos, these investments are expected to strengthen the country's digital infrastructure, enhance AI capabilities, improve healthcare access, and generate thousands of jobs for Filipinos.
The President likewise promoted investment opportunities in the Philippines during a Milken Institute roundtable, highlighting the Luzon Economic Corridor, the Public-Private Partnership Code, and the Green Lanes for Strategic Investments as reforms designed to speed up business approvals and attract more investors.
Marcos said the country's recent designation as an upper-middle-income economy, combined with its stable macroeconomic fundamentals, growing digital sector, skilled workforce, and ongoing reforms, positions the Philippines as a competitive and reliable investment destination in Southeast Asia.
He added that the visit reflected the enduring partnership between the Philippines and Singapore while reinforcing the country's commitment to regional cooperation and innovation.
Jul 17, 2026
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