In the three-day state visit of President Ferdinand R. Marcos Jr. to Malaysia, the government has reaped a total of US$285 million investment commitments after Malaysian business leaders have pledged to expand their investments and operations in the Philippines.
Malacañang on Tuesday issued Memorandum Circular (MC) No. 26, adopting the Philippine Health Facility Development Plan (PHFDP) 2020-2040, directing and encouraging all government agencies and local government units (LGUs) to support the initiative by setting up health facilities for their constituents.
The Philippines and Malaysia agreed on Wednesday to convene the next Philippines-Malaysia Joint Commission Meeting to discuss priority cooperation in various areas of mutual interest, President Ferdinand R. Marcos Jr. said on Wednesday, following his bilateral meeting with Malaysian Prime Minister Anwar Ibrahim.
President Ferdinand R. Marcos Jr. on Tuesday said he and his delegation are traveling to Malaysia to strengthen the Philippines’ relationship with its Southeast Asian neighbor and to ensure the welfare of Filipinos in that country.
The Department of Budget and Management (DBM) handed over on Tuesday to President Ferdinand R. Marcos Jr. a copy of the Fiscal Year 2024 National Expenditure Program (NEP) prior to its submission to Congress on August 2, 2023.