Skip to content
  • About Us
  • Contact Us
  • RSS
Facebook Twitter Instagram
  • Home
  • Business
  • Social
  • Video
  • Money
  • Power
  • Property
  • Travel
  • Technology
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
Menu
  • Home
  • Business
  • Social
  • Video
  • Money
  • Power
  • Property
  • Travel
  • Technology
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
BILYONARYO.COM
Search
Popular Tags Today:
Okada Manila, Reyes Tacandong |
Injap Sia,Tony Tan Caktiong, Hotel101 |
Bren Chong |
Joe Soberano |
  • Home
  • Business
  • Social
  • Video
  • Money
  • Property
  • Technology
  • Travel
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
  • RSS
Menu
  • Home
  • Business
  • Social
  • Video
  • Money
  • Property
  • Technology
  • Travel
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
  • RSS

Bilyonaryo - Business

Bawing-bawi yan! Marcos claims transparency, accountability not an issue with foreign investors amid demand for full disclosure on his foreign trips

  • January 25, 2023
  • Bilyonaryo.com

His critics are demanding full transparency on the cost of his numerous foreign trips but President Bongbong Marcos is claiming transparency and accountability are the least of the concerns of foreign businessmen.

“This has not been an issue that the private businesses bring up. They bring up ease of doing business. They bring up the cost of energy. They bring up the problems of legislative guarantees,” said Marcos in a briefing.

“Ang legislative guarantees,lalo na sa PPPs (Public-Private Partnerships), ibig sabihin nasa gitna noong project nila papalitan ‘yung batas, hindi nakikita ‘yung project nila, pero pilit pa rin nilang tapusin. ‘Yun ang mga nangyayari daw… ‘Yan ang nirereklamo nila sa Pilipinas,” he added.

Marcos was asked to to respond to the public’s clamor on how much the government spent and the number of people who joined him in eight overseas trips in his first seven months in office.

“In terms of the cost, you know, the way I see it, you have to look at it as ROI (return on investment). Do we bring something back or do we not? As I’ve said I don’t know the exact figures of the cost and everything. But for example, we came back from China with pledges of 22 billion. Let’s say we get actual out of that one billion, bawing-bawi lahat ng eight trips. Finished. That’s the idea,” said Marcos.

“Actually the official delegation is just myself and the Cabinet ministers, then they have staff. So, the rest are security. And the others that have been accompanying me are actually private sector. They don’t actually fly with me. They go there on their own. Although they are included in our meetings, and they have their own meetings on the sidelines as well,” he added.

But Marcos is not bothered by the ringing demand for full disclosure on his foreign trips

“The critics will have their say. But those who are actually contemplating putting good money into the Philippines have other issues and accountability and transparency is not an issue,” Marcos said.

  • Related News Tags: Bongbong Marcos, foreign investors, Marcos
PrevPreviousEgypt archaeologists uncover ‘complete’ Roman city
NextHottest stock of the year so far: CHP could follow RSA’s Eagle Cement lead, makes P2.1 billion tender offer for possible delistingNext

You may also like

Watch more Usapang Bilyonaryo

Oplan Biyaheng Ayos: PITX ensures safety of commuters during Holy Week

The Paranaque Integrated Terminal Exchange (PITX) assures the safety and security of passengers during Holy Week, with over 1.2 million expected to travel early to avoid the usual holiday exodus in Metro Manila.

Growing infrastructure portfolio: San Miguel clinches 35-year concession for Batangas toll road project

Diversified conglomerate San Miguel Corp. (SMC), through its infrastructure unit, inked a joint venture agreement with the provincial government of Batangas for the P44.77 billion Nasugbu-Bauan Expressway (NBEX) project.

Nganga uli! Dennis Uy looking for new white knight after Ricky scraps plan to buy debt-saddled PH Resorts’ Cebu, Clark casinos

Duterte crony Dennis Uy is back to searching for a new investor to bail out PH Resorts Group’s (PHR) casino projects after Bloomberry Resorts (BLOOM) of ultra bilyonaryo Ricky Razon terminated their deal.

From zero to hero! SRA OKs sale of smuggled Thai sugar for P70/kilo in Kadiwa Centers

The Sugar Regulatory Authority (SRA) under the Department of Agriculture (DA) is looking to earn brownie points from the public by recommending the sale of confiscated sugar from Thailand at P70 per kilo through Kadiwa Centers.

Joe Soberano: The businessman with a heart for public service

Cebu Landmasters Inc. president and CEO, Jose Soberano III, has undoubtedly made waves in the business world with his remarkable success as a real estate mogul.

Oplan Biyaheng Ayos: PITX ensures safety of commuters during Holy Week

Growing infrastructure portfolio: San Miguel clinches 35-year concession for Batangas toll road project

Nganga uli! Dennis Uy looking for new white knight after Ricky scraps plan to buy debt-saddled PH Resorts’ Cebu, Clark casinos

From zero to hero! SRA OKs sale of smuggled Thai sugar for P70/kilo in Kadiwa Centers

Joe Soberano: The businessman with a heart for public service

Ramon Ang-led SMC launches P500M initiative to support fisherfolk in Cavite

Robinsons Land approves new P3 billion share buyback program

Sia-Tan Caktiong tandem positions Hotel101 for global expansion with bond sale

Due to ugly ownership brawl: Okada Manila dumps KPMG-RG Manabat, picks Reyes Tacandong as new auditor

Read more Business stories

Recommended from sister websites

→ Abogado
Tolentino asks Comelec: Shorten candidacy filing, election ban for October barangay polls
→ Abogado
De Lima hails ICC for ordering Putin’s arrest
→ Politiko
Kulang pa rin ang tubig! Marcos renews push for improved water supply system
→ Politiko
Pangandaman thanks Villar for sponsoring Maharlika fund bill
→ Bankero
Medalla assures BBM of strong banking system amid global financial turmoil
Power

Record renewables boost in 2022, not enough to slow warming: agency

Renewable energy saw a record increase in 2022 with capacity up almost 10 percent globally, the International Renewable Energy Agency said Tuesday, warning it was not enough to limit climate change.

Money

US Fed mulls more rate hikes amid banking uncertainty

American banks will be paying especially close attention to the Federal Reserve’s interest-rate decision on Wednesday, as the collapse of Silicon Valley Bank (SVB) continues to reverberate through financial markets.

Business

Growing infrastructure portfolio: San Miguel clinches 35-year concession for Batangas toll road project

Diversified conglomerate San Miguel Corp. (SMC), through its infrastructure unit, inked a joint venture agreement with the provincial government of Batangas for the P44.77 billion Nasugbu-Bauan Expressway (NBEX) project.

Property

No freedom on the horizon for Bangkok ‘mall gorilla’

Seven storeys above a shopfloor hawking cheap perfume and nylon underwear, Thailand’s “shopping mall gorilla” sits alone in a cage — her home for 30 years despite a re-ignited row over her captivity.

Latest on Bilyonaryo

Oplan Biyaheng Ayos: PITX ensures safety of commuters during Holy Week

The Paranaque Integrated Terminal Exchange (PITX) assures the safety and security of passengers during Holy Week, with over 1.2 million expected to travel early to avoid the usual holiday exodus in Metro Manila.

Read More »

Growing infrastructure portfolio: San Miguel clinches 35-year concession for Batangas toll road project

Diversified conglomerate San Miguel Corp. (SMC), through its infrastructure unit, inked a joint venture agreement with the provincial government of Batangas for the P44.77 billion Nasugbu-Bauan Expressway (NBEX) project.

Read More »

Swiss sweat over size of new superbank

The arranged marriage of UBS and Credit Suisse will create the biggest bank Switzerland has ever seen, with some wondering if the superbank might be too big for its own good.

Read More »

US Fed mulls more rate hikes amid banking uncertainty

American banks will be paying especially close attention to the Federal Reserve’s interest-rate decision on Wednesday, as the collapse of Silicon Valley Bank (SVB) continues to reverberate through financial markets.

Read More »

RCBC DiskarTechpreneur Program promotes financial literacy among Filipino youth

Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has launched a financial literacy boot camp and business case competition called the RCBC DiskarTechpreneur Program.

Read More »

Nganga uli! Dennis Uy looking for new white knight after Ricky scraps plan to buy debt-saddled PH Resorts’ Cebu, Clark casinos

Duterte crony Dennis Uy is back to searching for a new investor to bail out PH Resorts Group’s (PHR) casino projects after Bloomberry Resorts (BLOOM) of ultra bilyonaryo Ricky Razon terminated their deal.

Read More »
Back to Bilyonaryo.com homepage

Exclusive!

Who’s Who at ART SG

January 12, 2023

Art SG kicked off today with art world legends and collectors showing up with extra vigor after a two-year delay due to the pandemic.

Read More »

Advertisement

Bilyonaryo Premium Ad 1
Bilyonaryo Premium Ad 2
Bilyonaryo Premium Ad 3
Bilyonaryo Premium Ad 4
Bilyonaryo Premium Ad 5

Trending on
Business

GOLD
Due to ugly ownership brawl: Okada Manila dumps KPMG-RG Manabat, picks Reyes Tacandong as new auditor

Joe Soberano: The businessman with a heart for public service

Sia-Tan Caktiong tandem positions Hotel101 for global expansion with bond sale

PLATINUM
Food maker’s employee arrested for selling trade secrets and attempting extortion

Even the best fall down sometimes: Here are biggest fast food flops of Tony Tan Caktiong’s Jollibee

Lucio Tan’s LT Group sees robust growth in hard liquor and beverage units while banking, tobacco and real estate businesses disappoint

TITANIUM
Even the best fall down sometimes: Here are biggest fast food flops of Tony Tan Caktiong’s Jollibee

Gift daw from Kapitan! Lucio Tan’s trusted aide nabbed for P12-M extortion try after tip from his son-in-law Stanley Ng

MVP boys civil war! Is PLDT’s Al Panlilio finally getting his revenge over Ray Espinosa’s Meralco broadband expansion?

Read more Business stories

Trending on
Bilyonaryo

Business News

Due to ugly ownership brawl: Okada Manila dumps KPMG-RG Manabat, picks Reyes Tacandong as new auditor

Social Fancy News

Time for socials: Kevin Tan, Cynthia Villar grace launch of BGC spa

Money News

No worries: Fitch unit vouches for BDO, BPI, Metrobank, RCBC amid global banking turmoil

Technology News

Lopez Group ventures into NFTs with Theta Labs, offering fans a new way to engage with their favorite content

Power News

Russian state oil giant Rosneft profit falls after sanctions

Property News

No freedom on the horizon for Bangkok ‘mall gorilla’

Lifestyle News

Winnie the Pooh horror flick pulled from Hong Kong cinemas

Food & Nature News

Tagay pa more! Lambanog ranks 10th in list of world’s best spirits

Health News

Biden signs law declassifying US intel on Covid origin

Travel News

Greece vows to halt illegal construction in Mykonos

Golf News

Lee wins LIV Tucson event

Back to Bilyonaryo home page

Trending on
Bilyonaryo

Business News

• Due to ugly ownership brawl: Okada Manila dumps KPMG-RG Manabat, picks Reyes Tacandong as new auditor

• Joe Soberano: The businessman with a heart for public service

Social Fancy News

• Time for socials: Kevin Tan, Cynthia Villar grace launch of BGC spa

• From teamwork to triumph: The secret to Cecile Dominguez-Yujuico’s success

Money News

• No worries: Fitch unit vouches for BDO, BPI, Metrobank, RCBC amid global banking turmoil

• Systemically Important Banks: Giants with feet of clay?

Technology News

• Lopez Group ventures into NFTs with Theta Labs, offering fans a new way to engage with their favorite content

• Globe Telecom eyes mid-single digit revenue growth in 2023 despite macroeconomic headwinds

Power News

• Russian state oil giant Rosneft profit falls after sanctions

•

Property News

• No freedom on the horizon for Bangkok ‘mall gorilla’

•

Lifestyle News

• Winnie the Pooh horror flick pulled from Hong Kong cinemas

• Ferrari hit by cyberattack demanding customer details

Food & Nature News

• Tagay pa more! Lambanog ranks 10th in list of world’s best spirits

• Vietnam seizes seven tons of ivory from Angola

Health News

• Biden signs law declassifying US intel on Covid origin

•

Travel News

• Greece vows to halt illegal construction in Mykonos

•

Golf News

• Lee wins LIV Tucson event

•

Back to Bilyonaryo home page

Copyright © 2022. Bilyonaryo. All Rights Reserved.
  • Home
  • Business
  • Social
  • Video
  • Money
  • Property
  • Technology
  • Travel
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
  • RSS
Menu
  • Home
  • Business
  • Social
  • Video
  • Money
  • Property
  • Technology
  • Travel
  • Health
  • Lifestyle
  • Food & Nature
  • Fine Works
  • Golf
  • RSS