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01:31 To seriously consider the Philippines as your prime investment destination.
01:36 While in Brunei, President Marcos was also asked about Senator Juan Miguel Zubiri's candidacy as Senate President.
01:44 And Zubiri said that he is fully committed to his "powers that be."
01:49 I guess if you're Senate President, the only power that be is the President. So I'm not sure what he is referring to.
01:58 The decision to change the leadership is not made by me, it was made by the Senators.
02:04 So that does not reflect on my view on Senator Migs and the trust and confidence that in my view reposes that I have in him.
02:18 Before this happened, Senator Francis S. Cudero asked the President.
02:23 When did I know? The minute they started. The minute the...
02:32 Actually, it was Senator Chiesa. The minute he started thinking about it, he already brought it up and he said,
02:41 "I think I'm going to try to be the SP. What's my situation? What do you think?"
02:53 But... and I did not speak to any parties at any point, simply because I was out of town.
03:03 I was basically informed at every step of the way. But it moved so quickly as well.
03:11 But of course, we knew the state of the voting when that was still being collected. The votes were still being collected by Senator Chiesa.
03:29 At 5 p.m., President Marcos arrived in Singapore for the 21st Asia Security Summit or Shangri-La Dialogue,
03:37 where he will give a keynote address. The Shangri-La Dialogue is a year-long defense and security forum
03:43 that will be attended by 500 delegates from 40 countries.
03:47 This is a recognition that there are challenges that are facing the Philippines specifically.
03:54 And not only the Philippines, but this affects the region and it affects the world.
04:04 According to Palacio, one of the reasons why the President was invited to give a keynote address
04:11 is because the international community recognized the importance of the role of the Philippines
04:16 in securing security in the West Philippine Sea, where a large part of the international or shipping trade of the region is happening.
04:25 Live from Singapore for GMA Integrated News, I am Chino Gaston, your witness.
04:31 Kapuso, let's be witnesses together!
04:35 Subscribe to GMA Integrated News on YouTube and for Kapuso abroad, join us on GMA Pinoy TV and www.gmanews.tv.
04:45 - music -