Dennis Gasgonia

Article (news)

Carlos Trazo

ABS-CBN News

MANILA - President Ferdinand Marcos Jr. on Thursday said his three-day state visit to Singapore strengthened bilateral ties and secured investment commitments that would support the Philippines&#x27; digital transformation, infrastructure development, and healthcare expansion.During the visit, Marcos met with Singapore Prime Minister Lawrence Wong, business and investment executives, and participated in the Milken Institute&#x27;s roundtable discussion with regional business leaders.He shared that he and PM Wong discussed expanding cooperation in trade and investment, artificial intelligence (AI), education, the environment, healthcare, and people-to-people exchanges.<div><a href="https://www.abs-cbn.com/news/business/2026/7/16/marcos-urges-singaporean-firms-to-invest-in-ph-health-tech-ai-sectors-1925">Marcos urges Singaporean firms to invest in PH health, tech, AI sectors </a> </div>Marcos also highlighted his meetings with leading Singaporean companies and investors, saying the government remains committed to accelerating digital transformation and strengthening critical infrastructure.&quot;During the high-level business meetings with leading Singaporean companies and investors, I underscore the Philippines&#x27; commitment to accelerating digital transformation, to strengthening critical infrastructure, and to expanding access to quality healthcare,&quot; he said.According to Marcos, discussions focused on cooperation in digital technology, telecommunications, data centers, AI, and healthcare, sectors that he said would help improve the country&#x27;s innovation ecosystem and support long-term inclusive economic growth.&quot;I highlighted the Philippines&#x27; position as a strategic investment destination in Southeast Asia, supported by a growing digital economy, a skilled workforce and a strong reform agenda that continues to attract high-value, technology-driven investments from trusted partners such as Singapore,&quot; he said.Marcos said he met with Singtel Group and ABC Impact to discuss their continuing investments and expansion plans in the Philippines.<div><a href="https://www.abs-cbn.com/news/nation/2026/7/15/marcos-meets-with-singapore-pm-wong-during-working-visit-1827">Marcos meets with Singapore PM Wong during working visit</a></div>He said Singtel reaffirmed its long-term commitment through the expansion of NCS Philippines and the continued development of ST Telemedia Global Data Centre&#x27;s facilities, strengthening the country&#x27;s digital infrastructure and AI capabilities.Meanwhile, ABC Impact reaffirmed its support for AC Health&#x27;s nationwide expansion, which Marcos said is expected to improve access to quality healthcare services while creating thousands of jobs for Filipinos.&quot;These business engagements covering digital technology, telecommunications, data infrastructure, AI, and healthcare reaffirm Singaporean investors&#x27; strong confidence in the Philippine economy and the support that they will give to our country&#x27;s vision of becoming a competitive, innovation-driven, and future-ready investment destination,&quot; he said.At the Milken Institute&#x27;s roundtable discussion, Marcos said he presented investment opportunities in the Philippines and highlighted government reforms designed to attract more investors.&quot;I showcased our modernized finance and investment infrastructure programs, including the Luzon Economic Corridor, alongside the new Public-Private Partnership Code and Green Lanes for Strategic Investments, which are measures explicitly designed to fast-track proposals and approvals to eliminate regulatory bottlenecks,&quot; he said.<div><a href="https://www.abs-cbn.com/news/nation/2026/7/13/marcos-to-hold-working-visit-in-singapore-1540">Marcos to hold working visit in Singapore </a> </div>Marcos added that the country&#x27;s recent designation as an upper middle-income economy, coupled with its macroeconomic fundamentals, makes it an attractive destination for businesses.&quot;As a newly designated upper middle income country with solid macroeconomic fundamentals, the Philippines offers a secure, transparent, and stable environment for businesses to thrive,&quot; he said.The President said the visit demonstrated &quot;the enduring strength of Philippines-Singapore relations, our shared commitment to ASEAN centrality, and the Philippines&#x27; readiness to serve as a reliable partner in driving growth and innovation across the region.&quot;

President Ferdinand Marcos Jr. on Thursday said his three-day state visit to Singapore strengthened bilateral ties and secured investment commitments that would support the Philippines' digital transformation, infrastructure development, and healthcare expansion.

President Ferdinand Marcos Jr. on Thursday said his three-day state visit to Singapore strengthened bilateral ties and secured investment commitments that would support the Philippines' digital transformation, infrastructure development, and healthcare expansion.

Marcos says Singapore visit secures investment commitments, boosts PH-Singapore ties

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Marcos says Singapore visit secures investment commitments, boosts PH-Singapore ties

Carlos Trazo,

ABS-CBN News

Published July 16, 2026 11:19 PM PHT

Read More:

President Ferdinand Marcos

Bongbong Marcos

Singapore

state visit

PH-Singapore ties

investments

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