Saturday, December 28, 2024

Thai Foreign Minister Praises Philippine Economic Performance Under Marcos Admin

Thai government explores new investment opportunities in the Philippines, announces Foreign Minister Maris Sangiampongsa.
By PAGEONE Business Today

Thai Foreign Minister Praises Philippine Economic Performance Under Marcos Admin

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Visiting Thai Foreign Minister Maris Sangiampongsa has praised the country’s economic performance under the Marcos administration and conveyed the growing interest among Thai firms in expanding investments in the country.

The official made the statement during his bilateral meeting with Foreign Affairs Secretary Enrique Manalo in Makati City on Thursday.

“I expressed my admiration for the economic performance of the Philippines under President (Ferdinand) Marcos Jr. that has made the Philippines one of the fastest-growing economies in the region,” he said.

In a press conference, Sangiampongsa said Bangkok is committed to further increasing the volume of trade and investments with Manila, and sought the Philippine government’s continued support for Thai investors.

He said Thailand is also keen to increase cooperation on trade facilitation, renewable energy and food security, among others.

Meanwhile, he floated the need to further expand flight routes between Thailand and the Philippines to boost two-way tourism, specifically between Cebu and Phuket. (PNA)