July 11, 1970

Apr 24, 2024

Worked on the details of the four-year development program.

Studied the Toyota offer for manufacturing automobile parts here for 60% of the market of 30,000 automobiles annually. Met [Ricardo] Carding Silverio on his logging, Komatsu.

Lunch with Vicente Manansala, my favorite painter next to [Carlos V.] Botong Francisco. He painted my favorite portrait. He is now doing seven panels for the mural of the Marcos Museum.

Then golf and a review of documentaries on land reform and a better life. Conference with [Jose] Joe Campos and [Roberto] Bobby Benedicto on Maharlika, KBS [Kanlaon Broadcasting System], Traders [Royal Bank] __?____ and their interests.

Official Gazette for July 11, 1970: President Marcos adhered strictly to his usual norm of weekend concentration on state papers and other official business requiring study and early action. Conferring only with officials on urgent matters, the President spent a bigger part of his time alone working at his desk. He did not receive any visitors. Among others, he issued directives pertaining to the resettlement and rehabilitation of the victims of arson in two barrios of Bantay, Ilocos Sur.
The President also received and scanned reports, notably that of the PES which informed him of the publication of handbook for businessmen interested in investing in Philippine economic development.
The Investment Handbook provides facts and figures on Philippine economic, political and social conditions, the direction of government infrastructure expansion, the investment incentives available, as well as the possibilities of government financial assistance.

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