Executive Secretary Ralph Recto urges American business leaders to expand investments in the Philippines, particularly in semiconductors, electronics and critical minerals, during the 2026 Philippines Business Mission welcome reception on Aug. 18, 2026.
MANILA, Philippines — The Philippines is seeking to attract more American investment in semiconductors, electronics, and critical minerals as the Marcos administration pushes to move the country toward higher-value manufacturing and strengthen its role in global supply chains.
In a statement on Thursday, Executive Secretary Ralph Recto urged US companies to establish and expand operations in the Philippines, particularly in advanced semiconductor packaging, integrated circuit design, research and development, front-end semiconductor capabilities and critical-mineral processing.
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