Marcos wants investors to see PH as ‘nation of promise’

President Ferdinand Marcos Jr. on Tuesday said he envisions the Philippines as a “nation of promise” that both investors and Filipinos can look up to.

In a speech during the 150th anniversary gala of the Hongkong and Shanghai Banking Corporation (HSBC) in Taguig City, Marcos pushed for a continued collaboration between the public and private sectors to position the Philippines as a nation of promise.

“Together, let’s build a more progressive Philippine economy where people can access reliable financial services, obtain meaningful opportunities, and live more dignified, comfortable lives,” he said.

“Let us continue creating an environment where investors, stakeholders, and most importantly, our citizens see the Philippines as a nation of promise,” he added. 

Marcos also praised the financial firm for its contributions to the economy. 

“And today, as HSBC adapts to a rapidly changing economy, we are confident that the bank will remain true to its commitment to making its services more inclusive, more secure, and accessible to all Filipinos,” he said. 

The same principle has guided the collaboration between the government and HSBC in recent financial initiatives, the President said.

“Your participation in recent bond issuances, including the SEC-registered 3.3 billion US dollars equivalent dual-currency global bond offering, has ensured that vital government programs can proceed amidst challenging times,” he said. 

“These programs—whether on infrastructure, education, or social protection—directly benefit our people, especially those who rely on stable public services,” Marcos added. 

The President also highlighted HSBC’s efforts to benchmark borrowing costs and its support to Philippine Economic Briefings.

He also lauded the financial company’s collaboration with various government agencies that help the Philippines become viable for investors. 

“Through your collaboration with agencies like the Board of Investments and the Philippine Economic Zone Authority, more global investors are introduced to the potential [and] capabilities of the Filipino workforce—bringing in more employment opportunities, better training programs, and greater possibilities for their families,” said Marcos.  

He said his administration “continues to fortify the financial system that supports (HSBC’s) aspirations.” —MCG, GMA Integrated News