Tuesday, February 24, 2026

PH prioritizes semiconductor and critical minerals dev’t as ASEAN Chair

The Philippines prioritizes industrial development of semiconductors and critical minerals during this year’s ASEAN Chairship.

Trade and Industry Secretary Ma. Cristina A. Roque said Tuesday, February 24 during the ASEAN Editors and Economic Opinion Leaders Forum 2026.

It could be recalled that the Philippines signed a deal with the U.S. for Semiconductor and Critical Minerals Development. The deal is expected to maximize the country’s mineral resources, encourage local processing and creating a local ecosystem for the industry.

In addition, Roque said the Philippine Chairship also prioritizes – digitalization and AI, renewable energy infrastructure, cross-boder mobility of digital talent,  MSME development, and healthcare and innovation.

As ASEAN Chair this year, Roque said that the theme, “Navigating Our Future, Together,” already reflects both realism and resolve. “We recognize the complexity of today’s global environment—geopolitical tensions, technological disruption, supply chain shifts, and climate risks. Yet we remain confident in ASEAN’s collective strength. ASEAN bonded together is a force that cannot be ignored,” she said.

“The Philippines steps into this role from a position of stability and reform.”

This year’s ASEAN also formally launches the Philippines’ business and investment promotion calendar.

Over the coming months,  more than 500 strategic engagements across the region and with the region’s global partners will convene in Manila.

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