Philippine President Ferdinand Marcos Jr. has received US$6.54 billion ($9.20 billion) in investment pledges during his Singapore trip.
The commitments, expected to generate jobs for 15,000 people, include a US$5 billion investment in electric tricycles and US$1.2 billion in floating solar technology, Press Secretary Trixie Cruz-Angeles said in a statement Thursday.
The Singapore government also assured 10,000 new job orders for Filipino workers, adding to the 200,000 already working in the city state, according to the statement. About US$8.5 billion in investment pledges were secured during Marcos Jr.’s visit to Indonesia early this week, the first leg of his first official overseas trip.