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Manila Bulletin devider Business devider Trade & Industry devider US companies pledge new investments in Philippines

US companies pledge new investments in Philippines

Published Aug 15, 2025 11:13 am  |  Updated Aug 15, 2025 01:37 pm
Flags of United States and the Philippines (Photo from US Embassy in Manila)
Flags of United States and the Philippines (Photo from US Embassy in Manila)
The American private sector is set to pour fresh investments into the Philippines, underscoring the country’s standing as a strategic partner in Southeast Asia, according to the US-ASEAN Business Council (USABC).
In a statement, the USABC said that a delegation of 35 United States (US)-based companies participated in its business-to-government engagement program in the Philippines this week.
Fresh off President Marcos’ recent visit to the White House, this year’s forum marked the largest ever business mission of USABC to the country, further strengthening US-Philippines relations.
USABC President and CEO Ted Osius said the mission demonstrates the US private sector’s “steady, deep, and enduring commitment to the Philippines as a key partner in the region.”
“The US-Philippines relationship is a unique one, and our delegation reflects our collective commitment to supporting the Philippines’ long-term economic growth, innovation, and regional competitiveness,” said Osius.
The USABC said its mission, spanning Aug. 11 to 14, started with a meeting at the Malacañan Palace with Special Assistant to the President for Investment and Economic Affairs (SAPIEA) Secretary Frederick Go, and Department of Trade and Industry (DTI) Secretary Cristina Roque.
“During which US business executives reaffirmed their commitment to expanding investments and upskilling efforts in the Philippines,” it said.
Go said the record turnout of the business mission reflects the confidence of American companies in the country’s investment climate.
He added that the engagement would likely open new avenues for strategic public-private partnerships that leverage both countries' complementary strengths.
These investment opportunities, he said, are present in key industries such as electronics and semiconductors, food and agriculture, pharmaceuticals, infrastructure, and digitalization.
“We stand ready to assist US companies expand their presence in the Philippines and participate in the country's promising growth story,” said Go.
On the part of USABC, it said that it is also willing to support the country's public-private collaboration in critical areas such as regulatory reform, workforce development, and navigating global trade dynamics.
Further, the council said that it is open to help the Philippines in its preparations as it assumes chairmanship of the Association of Southeast Asian Nations (ASEAN) next year.
The companies that attended the business mission include IBM, Citi, Coca-Cola, Cargill, Zuellig Pharma, 3M, Abbott, Amazon, American Express, Anglicotech Philippines, Inc., Astrophysics, Bayer, Bell Textron, Boeing, Chevron, Cisco, Corteva, and Equinix.
They were also joined by Ford, Jhpiego, Jollibee Group, JP Morgan, Lockheed Martin, Manulife, Mastercard, MSD Animal Health, Netflix, Philip Morris International, Salesforce, TE Connectivity, Texas Instruments, The Asia Group, UltraPass, Visa, and Vriens & Partners.
Also this week, the USABC is conducting an Aerospace, Defense, and Security (ADS) Mission to the country, spanning Aug. 14 to 15.
The industry mission is also marked as the council’s largest-ever ADS delegation to the country, with participation from 26 leading American defense and security companies.

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US-ASEAN Business Council (USABC)
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