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Search resuls for: "Brenda Goh Enrico Dela Cruz"


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DAVOS, Switzerland/MANILA, Jan 18 (Reuters) - Philippines President Ferdinand Marcos Jr said his country would resist global recessionary headwinds, but warned that increasing tensions in the South China Sea were harming trade. "My belief is that as long as the unemployment rate stays low, we will be able to resist the recessionary forces," he said. He said the upskilling of his country's labour force was powering economic growth, including remittances from overseas workers. "The future of the region has to be decided by the region, not outside powers," he said. Marcos was in Davos, Switzerland this week for the World Economic Forum, accompanied by his economic team and several Philippine business executives.
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