The event marked a critical moment in private sector-led discussions on US-Philippines ties, signaling a renewed push for deeper engagement.
With the country’s economy and per capita income surging in recent years, the economy is on track to reach $855 billion by 2035.
“We in the Philippine business community remain hopeful at the country’s prospects for growth, which have not dimmed despite a volatile global environment,” Zobel said during the recent board meeting of the US-Philippines Society, where he sits as co-chair.
Ayala’s growth sectors
At the US-Philippines Society’s board meeting, Zobel outlined Ayala’s key growth areas driving the country’s transformation.
Through ACEN, the group is accelerating the clean energy transition, leveraging the Philippines’ strong position in the renewables market with solar, wind, and battery power projects.
Globe Telecom is expanding investments to support the country’s rise as a data center hub for cloud computing and artificial intelligence-driven industries.
Ayala is also strengthening healthcare and education through AC Health and iPeople, enhancing access to medical services and learning institutions.
Boosting US-Philippines ties
Society Co-chairman John D. Negroponte led the US delegation, joined by former ambassadors Thomas Hubbard and Paul Jones.
The US side aims to boost trade, security, and cultural ties for mutual benefit.
The Society acknowledges the diplomatic leadership of Ambassadors Jose Manuel Romualdez and MaryKay Carlson, anticipating stronger bilateral relations ahead.
