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In San Francisco, California, last week, President Ferdinand R. Marcos Jr. successfully participated in the 30th Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting and related events, securing USD672,300,000 in investment pledges from diverse industries.
Four hundred million dollars have been pledged for the telecommunications industry; two hundred million dollars for semiconductor and electronics; twenty million dollars for pharmaceutical and healthcare; two million dollars for artificial intelligence (AI) in weather forecasting; and three hundred thousand dollars for renewable energy.
Additionally, Marcos was able to have important technology developments committed to the Philippines in critical priority industries, such as the launch of the country's first two Internet MicroGEO satellites.