
Upgrade to High-Speed Internet for only ₱1499/month!
Enjoy up to 100 Mbps fiber broadband, perfect for browsing, streaming, and gaming.
Visit Suniway.ph to learn
Alexis Romero - The Philippine Star
July 6, 2025 | 12:00am
President Ferdinand Marcos Jr. holds a press conference at Malacañang on March 11, 2025.
STAR / Noel Pabalate
MANILA, Philippines — President Marcos sees fresh investments in clean energy and modern industries coming to the Philippines because of the country’s engagements with the delegates of the 14th Asian Business Summit.
Marcos met with business leaders from across the region who are in Manila to join the Asian Business Summit. The Philippines is hosting the event, which was organized by the Philippines-Japan Economic Cooperation Committee (PHILJEC) and the Japan Business Federation or Keidanren.
“We’re working with the Philippines-Japan Economic Cooperation Committee and delegates of the 14th Asian Business Summit to bring in investments in clean energy and modern industries that will create quality jobs for Filipinos,” the President said in a social media post.
“Soon, we will see factories powered by renewable energy and digital hubs rising across the country, bringing progress closer to every Filipino family,” Marcos said.
The Philippines is hosting the summit for the second time. The country first hosted the event in 2014.
PHILJEC and its counterpart Japan-Philippines Economic Cooperation Committee aims to promote and expand trade, business and technological advancements between the two countries.
During his meeting with PHILJEC, Keidanren officials and summit delegates, Marcos highlighted the importance of boosting multilateral cooperation and interrelationships in the face of global challenges.
According to the President, the interdependence in the world economy “turned out to be less secure” and “less robust than we had always assumed.”
‘’And so that is why in the Philippines, we have taken that lesson to heart and that is why we are trying to develop those interrelationships,’’ Marcos said.
“The interrelationships between our different countries are going to be the key to stability and development and progress,” he added.
PHILJEC chairman Richard Albert Osmond, president of the Science Park of the Philippines Inc., said business leaders from 12 economies are represented in the summit, which was first held in Tokyo in 2010.
Also present during the meeting were PHILJEC co-chairman Alfred Ty, chairman of Toyota Motor Philippines Corp.; PHILJEC co-chairman Ferdinand Ferrer, CEO of Gruppo EMS Inc.; Nobuhiro Endo, Keidanren vice chairman and executive advisor of NEC Corp. and Masayuki Hyodo, Keidanren vice chairman and chairman of the board of directors of Sumitomo Corp.
Government officials who attended the meeting include Trade Secretary Cristina Roque, Special Assistant to the President for Investment and Economic Affairs Frederick Go and Amable Aguiluz V, special envoy to Japan for trade and investment.