MANILA, March 12 -- Speaker Martin Romualdez on Tuesday said the USD1 billion worth of investments from firms participating in a high-level United States (US) trade and investment mission represent a substantial "vote of confidence" in the Philippine economy.

In a statement, Romualdez said the investment windfall is also a "clear reflection" of the "strategic and dynamic" leadership of President Ferdinand R. Marcos Jr.

"Under the President's guidance, the Philippines has embarked on a series of diplomatic and business-oriented initiatives, including his strategic foreign trips and the introduction of the Maharlika Investment Fund, aimed at attracting global investors and cementing our nation's status as a prime investment destination," ...