US companies commit to PH investments

The American private sector is set to pour fresh investments into the Philippines, underscoring the country’s standing as a strategic partner in Southeast Asia, according to the US-ASEAN Business Council (USABC).

- By DEXTER BARRO II

In a statement, the USABC said that a delegation of 35 United States (US)-based companies participated in its business-to-government engagement program in the Philippines this week.

Fresh off President Marcos’ recent visit to the White House, this year’s forum marked the largest ever business mission of USABC to the country, further strengthening US-Philippines relations.

USABC President and CEO Ted Osius said the mission demonstrates the US private sector’s “steady, deep, and enduring commitment to the Philippines as a key partner in the region.”