Ferdinand Marcos starts his six-year term as Philippines president on Thursday facing a host of challenges, from rising inflation and pandemic recovery to balancing relations between competing superpowers the United States and China.
The 64-year-old, who is allowed only one term in the top job, has yet to fill all cabinet posts, but he has so far nominated experienced technocrats to handle the economy, helping to ease some market fears about his presidency and policy inexperience.
