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The Philippines’ participation in the has been hailed by President Ferdinand R. Marcos Jr “A ranking of Southeast Asian nations with the best-performing economies, dubbed the “VIP Club” by business executives at the World Economic Forum (WEF).

Marcos claimed in a news release issued by Malacanang on Sunday that the Philippines’ attendance at the WEF in Davos, Switzerland, provided a great opportunity to highlight the country’s robust economic performance.

“Mabuti naman at nakapunta tayo rito, because to the trip we took, we went to the VIP Club,” the speaker said. ‘Yung VIP Club in the Philippines, Indonesia, and Vietnam. It’s fortunate that we arrived here because when we left, we joined what they call the VIP Club, which consists of Vietnam, Indonesia, and the Philippines. According to reports, according to Marcos, it has one of Asia’s strongest economies.

At the global summit, when Marcos met with world leaders, several foreign investors expressed a desire to learn more about business potential in the Philippines.

“The events that happened were wonderful because we met and spoke to so many famous economic leaders and political leaders, and they are all here,” he continued. “Napakaganda ng mga naging pangyayari dahil napakarami naming nakilala at nakausap na mga sikat na mga economic leaders and mga political leaders.”

They included Klaus Schwab, the founder and former chairman of the WEF, whom Marcos calls “a longtime friend of the Philippines.”

The two talked about forming alliances and working together to improve the quality of life for Filipinos and support inclusive and fair growth in the Philippines.

Marcos also had the chance to speak with and exchange ideas with a number of heads of state and government, including former British prime minister Tony Blair, World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala, World Bank Managing Director for Operations Axel Van Trotsenburg, and International Monetary Fund Managing Director Kristalina Georgieva.

Among the initiatives he emphasized were the Philippine Development Plan, the 8-Point Socioeconomic Agenda, and “many other laws and policies that highlight the economic changes made in the Philippines that have supported long-term prosperity.

When the Philippines participated in the WEF’s Country Strategy Dialogue, he also announced the soft launch of the nation’s first-ever sovereign wealth fund.

In his welcome address after taking part in the WEF, Marcos stated that his presence in the international forum was intended to draw attention to the new economic condition and policies promoting the Philippines and to learn from the heads of state and leading global business figures.

“This forum’s major topic revolved around that. This is how we restore cooperation in a divided society. Because we are a member of ASEAN (Association of Southeast Asian Nations) and have a strong economy in Asia, we are considered as having a role in that “he declared during a speech on Saturday at the Villamor Airbase in Pasay City.

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