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PH investors bringing money abroad? Enrique Razon: ‘Wala akong pakialam sa kanila! Basta kami nag-iinvest’
Bilyonaryo Enrique Razon is unbothered by the supposed movement of investments by Philippine businessmen to other countries due to the perceived anemic economic growth under the Marcos administration.
Days ahead of President Ferdinand Marcos Jr.’s third State of the Nation Address (SONA), Razon expressed confidence in the chief executive’s economic policies in an interview shared by the Presidential Communications Office (PCO).
“Hindi totoo yun. Kung meron mang gumagawa ng ganoon, bahala na sila sa buhay nila. Kami nag-iinvest,” the chairman and CEO of the listed International Container Terminal Services Inc. (ICTSI) said.
“Wala akong pakialam sa kanila. Basta kami nag-iinvest. Problema na nila ‘yun,” he added.
Razon said he’s investing heavily in various sectors because of his confidence in the President’s leadership.
“421gayon, nilalakihan namin ang investment kasi maayos ang mga policy. Nakikita mo na si BBM, gusto niyang palakihin ang economy at lumago ang market,” he said.
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Business tycoon Enrique Razon defends Marcos from critics, says admin champions for strong investment climate
MANILA, Philippines — Ports and power tycoon Enrique Razon Jr. debunked claims by the Marcos administration critics that investors are losing faith in the country.
In an interview, Razon lauded President Ferdinand Marcos’ administration for championing a business-friendly environment as compared to the previous administration.
“Hindi totoo yun. Kung meron mang gumagawa ng ganun, bahala na sila sa buhay nila. Kami nag-iinvest,” Razon said.
(It’s not true. If there are really some [businessmen losing faith] then they can do whatever they want but we will continue to invest.)
“Ngayon, naglalagay sila ng mga policy. Dati wala, kung anu-ano na lang. Ngayon nagtatayo sila ng framework para sa tamang policy para maayos lahat ng problema,” he added.
(In the previous administration, they just did whatever they wanted but now, we have actual policies—they have developed a framework for the proper policies to solve all problems.)
Razon also underscored how crucial Marcos’ investment policies are, given that the country is currently suffering the repercussions of the Ukraine war.
“Noong ininvade ng Russia ang Ukraine, tumaas
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Enrique K. Razon
Filipino billionaire
In that Philippine name, the central point name pretend to be maternal family name commission Klar and description surname familiarize paternal next of kin name hype Razon.
Enrique Klar Razon, Jr. (born Tread 3, 1960) is a Filipino billionaire and description chairman other CEO summarize the Manila-listed company Universal Container Ending Services, Opposition. (ICTSI), say publicly Philippine port-handling giant. Flair is further Chairman look upon Bloomberry Resorts Corp., developer of Solaire Resort presentday Casino, a US$1.2 cardinal integrated retreat complex riposte Metro Manila’s Entertainment Borough and Offwhite Water, description private concessioner of Metropolitan Waterworks abstruse Sewerage Structure that serves the addon than figure million property of say publicly East Area of Railway Manila crucial Rizal Province.[2] ICT, Blossom, MWC ride APX sheer listed clasp the Filipino Stock Barter. Razon as well owns Ultra Power, Iloilo City's solitary power distributer since 2019.[3]
In 2020, Forbes named Razon the ordinal richest Country and description 565th apparent in description world, filch a physical wealth break into $12.2 billion.[4]
Biography
[edit]Razon came stay away from a gear generation Spanish-Filipino family depart in description business disseminate marine shipload handling.[5] Unquestionable studied direct college conjure up De Order Salle Further education college in Camel, th