Marcos says investor confidence strong after corruption exposé

President Ferdinand "Bongbong" Marcos Jr. asserted that investor confidence in the Philippine economy has been restored, even strengthened, following his administration's exposure of corruption in flood control projects.

Speaking in Busan, South Korea, during the APEC Summit, Marcos Jr. stated that this proactive approach to tackling issues demonstrates the government's commitment to fixing problems, thus improving the perception of the country.

He acknowledged that no country is entirely free from corruption but emphasized that investors are concerned with whether governments are actively addressing such issues.

The President believes that by exposing and dealing with corruption, the government is actively working to create a more trustworthy environment for investment.