{
Ferdinand Marcos Jr.

People

}
001122334455554433221100
001122334455554433221100

philippines approves purchase of 40 patrol boats to enhance maritime security

The Philippines has approved the acquisition of 40 fast patrol boats valued at 25.8 billion pesos ($441 million) to enhance maritime security amid ongoing tensions with China in the South China Sea. The National Economic and Development Authority Board, led by President Ferdinand Marcos Jr., confirmed that the purchase will be financed through assistance from the French government.
bloomberg.com
United States Dollar Philippine Peso French government Apple Inc. FRA PHL Ferdinand Marcos Jr.
Finance & Economy, News Article
03:11 06.11.2024
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