The Philippines’ investment appeal stands stronger than ever, Ayala Corp. chairman and tycoon Jaime Augusto Zobel de Ayala told business leaders at the US-Philippines Society’s board meeting in Manila, highlighting the country’s resilience amid global uncertainty.
The US-Philippines Society is starting to resemble the Forbes rich list with the entry of seven new Filipino directors representing about P1.5 trillion in net worth.
US President Donald Trump might have challenged allies like Canada and the European Union, but the Philippines can gain an edge by tying economic and defense interests together, making its partnership with the US more valuable.