Singapore and the Philippines are aiming to improve ties in trade, investment, AI and clean energy to boost economic activity and provide more opportunities for Filipinos.
Philippine President Ferdinand Marcos Jr. indicted the move in a Saturday statement following a meeting with Singapore’s Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong at Malacañang last Thursday.
The Philippine leader noted “I had a productive meeting with Singapore Deputy Prime Minister and Minister for Trade and Industry Gan Kim Yong on how the Philippines and Singapore can work more closely”.
The top official also reiterated the importance of strengthening regional partnerships and improving economic integration, particularly within the context of building a more competitive Association of Southeast Asian Nations (ASEAN).
“As ASEAN works toward a more integrated and competitive region, closer cooperation between our countries helps strengthen our economy, create more opportunities for Filipinos, and keep the Philippines ready for the future,” indicated Marcos of the improved ties with Singapore.
Singapore’s casino sector differs greatly from that of the Philippines, being a duopoly comprised of Marina Bay Sands and Resorts World Sentosa, whereas the Philippines boasts dozens of casinos – ranging from multi-billion-dollar IRs to club operations, as well as legal inland online gaming.
