President Ferdinand Marcos Jr. wants more financial technology (fintech) companies to invest in the Philippines.
In a hologram message shown at the Singapore Fintech Festival, Marcos touted the “dynamic startup scene” as an attraction for fintech firms.
“The Philippines is cementing its position as a hub for digital innovation and entrepreneurship, with a dynamic startup scene that holds immense promise,” he said. “We invite you to look at these startups and explore potential partnerships to ensure our mutual growth and shared prosperity.”
“I invite you all to join us in shaping the digital future of the financial sector. The Philippines—with its innovative spirit and openness to collaboration—is eager to work with you in seizing all the opportunities that lie ahead,” the President added.
Marcos was unable to deliver his speech in person because he is in California for the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week 2023.