Adding a touch of youthful energy to the Philippines' delegation at the World Economic Forum (WEF) in Davos, Lucio Tan III, grandson of Filipino tycoon Lucio Tan, joined government officials in courting global investors.
Tan, the millennial president of the LT Group, was more than just a figurehead. Photos shared by the Department of Finance (DOF) from the "Philippine Breakfast Interaction" event showed him actively engaging with international business executives.
Finance Secretary Ralph Recto led the Philippine charm offensive, highlighting the country's economic strengths and its commitment to creating a pro-business environment. He emphasized the recently enacted "CREATE MORE" Act, designed to attract foreign investment with generous incentives and streamlined regulations.
"We're rolling out the red carpet for investors," Recto declared. "The Philippines is the place to be for businesses looking for growth and opportunity."
But beyond the policy talk, it was Tan's presence that caught the eye. Here was a young, dynamic businessman, representing the future of the Philippine economy.