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Economy

Just weeks in, Marcos faces doubts over mixed economic agenda

Philippine businesses wary over veto for special zone and lack of policy details

Philippine President Ferdinand "Bongbong" Marcos Jr., who took office June 30, did not lay out specific economic policies during his campaign.   © AP

MANILA -- Less than a month since taking office, Philippine President Ferdinand "Bongbong" Marcos Jr. is already facing questions over his commitment to the economy.

His cabinet includes former business bosses who might serve well as a bridge between the public and private sectors, but his rejection of a new economic zone has raised concerns among business circles. 

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