The United States companies expressed increased interest in investing in the Philippines following President Marcos Jr.’s official visit, with USD 670 million in pledges.
The Department of Science and Technology established more than 50 tech business incubation facilities nationwide, prioritizing startups for development, with PHP120 million investment in the regional startup ecosystem.
Trade undersecretary Rafaelita Aldaba envisions a thriving Philippine startup scene fueled by government policies and private sector backing, targeting USD10 billion by 2028.
Philippine government and Silicon Valley giants forge alliances to harness AI and upskill Filipino workers, driving inclusive economic development and sustainable industrial growth.
The Philippines and the United States signed a historic nuclear cooperation deal, enabling the transfer of US-origin nuclear technology and fostering sustainable and peaceful atomic energy.
German-Philippine firms are optimistic about local business, but challenges persist, with a call for policies promoting skills development in the Philippines.
The Philippines shines as an economic bright spot in ASEAN, drawing strong interest from US businesses to invest in the country’s resilience, innovation, and progress.