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The National Development Company, represented by NDC General Manager Anton Mauricio, signed several agreements via two Memorandum of Understanding agreements with Murdoch University and Cyclion Energy, respectively. Letters of Intent (LOI's) were also signed with four other Australian partners: Lamudi, Investible, Iridium Global Ventures, and DysrupIT.
Hosted by the Australia Philippines Business Council, the briefer and networking mixer event entitled "Australia-Philippines National Development Partnerships" also provided a key conduit for further discussions on trade and investment developments.
This event was held against the backdrop of the Philippine Business Forum organized by the Department of Trade and Industry (DTI), under the leadership of DTI Secretary Alfredo "Fred" Pascual. As reported by the Presidential Communications Operations Office, President Ferdinand Marcos secured deals worth $1.53B at the Philippine Business Forum, at the ASEAN-Australia Special Summit in Melbourne.
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