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Singapore vital ally in PH's political, economic stability --- Marcos

Published Sep 8, 2022 08:51 am

SINGAPORE --- With the robust trade and economic ties between the two countries, President Ferdinand "Bongbong" Marcos Jr. said Singapore is part of the Philippines' journey in maintaining its political and economic stability in the Southeast Asian region.

President Ferdinand 'Bongbong' Marcos Jr. and Singaporean President Halimah Yacob. (Malacañang Photo)

Marcos said this during the State Luncheon hosted by Singaporean President Halimah Yacob on September 7, the last day of his two-day State Visit here.

In his speech, the President noted that Singapore is a strong partner at the bilateral and regional levels.

"We see our future, of the Philippines as having Singapore beside us, forging ahead to the future," he said.

"Singapore—as part of our journey in maintaining political stability and economic prosperity in the region," he added.

President Halimah has expressed confidence that the ties between Singapore and the Philippines will be even better under Marcos' leadership.

"Singapore and the Philippines have a shared commitment to ASEAN in the region's peace and prosperity. The future of the region will depend on how we respond to the opportunities and challenges together," she said.

I am confident that under President Marcos Jr.'s leadership, we will continue to work closely to elevate our relationship to even greater heights," she added.

In response, President Marcos said that the Philippines is one with Singapore in proving to the world that the strength of a country is not in its size but in the quality of people's lives and the way it forges relations with the members of the community of nations.

With the Association of Southeast Asian Nations (ASEAN) becoming the strongest and most viable political aggrupation in the region, Marcos expressed optimism that Philippine-Singapore ties both bilaterally and within ASEAN will continue to grow and become even stronger in the years ahead.

"I look forward to closer ties and stronger ties between our two countries. Our candid exchange of views, constructive discussions in the governments that were signed this morning have given us renewed optimism for an even brighter future," the President said.

The Philippines and Singapore are longstanding partners, with official relations starting in 1969, although the cultural, ethnic, and trade connections may have dated back to earlier periods.

Marcos also said that Singapore's developed economy presents a viable opportunity for thousands of Filipinos.

More than 200,000 Filipinos now work and live in Singapore and have been sending a huge amount of annual remittances to their families in the Philippines.

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