BusinessWorld E-paper
March 19, 2024
THE PHILIPPINES is banking on the multibillion-peso makeover of its major international airport — one of the worst in the world — to boost the economy through increased flights and tourism receipts, according to President Ferdinand R. Marcos, Jr.
“This undertaking is not just about revenues that will be remitted to the Treasury alone,” he said in a speech during the signing ceremony in Malacañang on Monday. “It is an investment in our future.”