FREEPIK

PHILIPPINE President Ferdinand R. Marcos, Jr. on Tuesday afternoon departed for his three-day visit to Malaysia, vowing to boost ties in agriculture, Islamic banking and the Halal industry.

“My visit will focus on the renewed partnership in the fields of agriculture, food security, digital economy, tourism, people-to-people exchanges as well as explore new avenues for cooperation particularly in areas of the Halal industry and Islamic banking,” he said in a pre-departure speech.

Mr. Marcos Jr. said the Halal industry is expected to become a trillion-dollar industry in the international market as global demand continues to expand.

“Malaysia is one of the global leaders in this sector and this visit aims to forge synergies with Malaysia for the Philippines to enjoy a share of this market,” he said.

Mr. Marcos was set to meet with Malaysian Prime Minister Dato’ Seri (Anwar) Ibrahim and Malaysian King Al-Sultan Abdullah Sultan Ahmad Shah.

He is also expected to meet with Malaysian business leaders “to showcase trade and investment opportunities (in the Philippines).”

“I hope that through the investment forum, roundtable discussions and business meetings organized by the Department of Trade and Industry, we will build new bridges between our economies and create in-roads to new ventures that will see our bilateral trade volumes and investments increase,” he added. — Kyle Aristophere T. Atienza

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