Senator Manny Pacquiao has conceded the presidential race to Ferdinand "Bongbong" Marcos Jr., the son of the former dictator.
In a recorded statement, Pacquiao expressed his acceptance of defeat, stating his hope that the Filipino people, particularly the poor, would still benefit from the outcome.
He offered his well wishes to the presumptive president, praying for the success of Marcos Jr.'s administration in uplifting the lives of the poor.
Pacquiao consistently ranked third in the presidential race, aligning with pre-election survey results.
As of Tuesday night, with 98.17% of precincts reporting, Pacquiao had garnered 3,627,979 votes.
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