Philippine President Ferdinand R. Marcos Jr. is set to meet with leading U.S. business executives today as part of a three-day official visit to Washington, D.C. The meetings aim to strengthen the vital trade and security partnership between the Philippines and the United States, with a particular focus on key economic sectors.
A central focus of President Marcos Jr.’s engagements will be the semiconductor industry. According to Philippine Ambassador to the United States Jose Manuel Romualdez, the President is scheduled to meet with the president of the Semiconductor Association and other industry leaders. The semiconductor sector is a cornerstone of the Philippine economy, accounting for 56.6 percent of its total exports. The Philippines hosts over 500 electronics and semiconductor firms, including major U.S. companies, highlighting the deep economic ties between the two nations in this critical area.
Beyond semiconductors, President Marcos Jr. will also engage with business leaders from the healthcare and infrastructure sectors. These discussions will include companies with existing operations in the Philippines and those exploring expansion opportunities. The Philippines, with its highly trained healthcare professionals, is well-positioned to meet U.S. needs in healthcare information management services. Additionally, U.S. companies will have the chance to explore significant infrastructure investment opportunities in the Philippines’ priority development areas.
Ambassador Romualdez emphasized that these business engagements are a crucial component of President Marcos Jr.’s visit, underscoring the commitment to fostering robust economic growth and collaboration.
In addition to these business discussions, President Marcos Jr. is slated to meet with U.S. President Donald Trump, Secretary of State Marco Rubio, and Defense Secretary Pete Hegseth to further solidify the strategic alliance between the Philippines and the United States.
