News Release

House Speaker: Investment deals inked between Japan, PH only ‘tip of the iceberg’


House Speaker Ferdinand Martin Romualdez said the investment agreements signed between the Philippines and Japan, witnessed by President Ferdinand R. Marcos Jr. on Friday, were only the “tip of the iceberg.”

“But that’s only the tip of the iceberg… but there’s an offshoot of this, marami pa yan eh marami pa nangyayari off-camera, so to speak, or on the sidelines,” Romualdez told Filipino journalists in Japan, noting that many of the businessmen in the Philippine delegation have been meeting with Japanese investors.

Speaker Romualdez also noted the large number of Filipino businessmen who went along with President Marcos on his official visit to Japan.

“Ang daming dumating na businesssmen dito, at nakikita ito ng mga Hapon na very, very open ang Pilipinas,” Romualdez added.

The House Speaker also said the various meetings of President Marcos with top and leading business leaders and government executives of Japan will ultimately benefit the Filipino people.

“These discussions really redound to the benefit of the Filipino people, through the improvement of the economy, through investments, expansions of business, explorations to new areas and fields, the clarifications of whatever issues the businessmen have brought forth,” the Speaker said.

President Marcos, along with several government officials and business leaders, is currently in Japan for a five-day working visit. #