<\/p>\n
By Chloe Mari A. Hufana, <\/b>Reporter <\/i><\/span>and <\/i><\/span>Beatriz Marie D. Cruz, <\/b>Senior Reporter<\/i><\/span><\/p>\n PHILIPPINE President Ferdinand R. Marcos, Jr. se<\/span>cured around P260 billion in investment pledg<\/span>es from top Japanese firms during meetings in <\/span>Tokyo, as Manila seeks to draw supply-chain relo<\/span>ca<\/span>tion and shield the economy from geopolitical <\/span>ten<\/span>sions and rising energy risks.<\/p>\n \u201cThe Philippines is pursuing a transparent national direction: constructing an economy where infrastructure, industry, finance, human capital and connectivity move together as one system of growth,\u201d Mr. Marcos told executives from Japanese conglomerates and financial institutions on Wednesday.<\/p>\n \u201cAnd increasingly, we recognize that trade and tourism will probably be amongst a very powerful engines of that growth,\u201d he added.<\/p>\n Of the quantity, $3.4 billion or around P210 billion are expected to support manufacturing, tourism infrastructure, renewable energy and supply-chain development.<\/p>\n Mr. Marcos on Thursday secured one other P53.6 billion in potential investments from Japanese firms which are planning to expand operations within the country. These investments are expected to generate around 10,300 additional direct and indirect jobs for Filipinos.<\/span><\/p>\n In a Facebook post, Mr. Marcos said MinebeaMitsumi, Inc.\u00a0 <\/span>is planning to expand its investments within the Philippines, with P25 billion to be allocated for its projects in Cebu, Batangas and Bataan. MinebeaMitsumi is involved within the manufacturing of semiconductors, battery protection modules for hyperscale data centers, amongst others.<\/p>\n The President said he met with the executives of Furukawa Electric Co. Ltd. to debate the firm\u2019s P17-billion expansion project within the Philippines. The project involves the production of advanced heat sink modules and thermal management products utilized in global <\/span>electronics and digital infrastructure applications.<\/span><\/p>\n Mr. Marcos said Sumitomo Electric Industries, Ltd. pledged a P4.3-billion investment to expand their advanced electronics manufacturing operations in Laguna.\u00a0 <\/span>This may involve the development of a brand new facility run by their Philippine unit First Sumiden Circuits, Inc., the country\u2019s only manufacturer of flexible printed circuits.<\/p>\n \u201cTheir latest facility will help position the Philippines deeper into global supply chains for electric vehicles, AI (artificial intelligence)-related electronics, and advanced telecommunications,\u201d he said.<\/p>\n The President also had a gathering with executives of Tsuneishi Group Corp. to debate the corporate\u2019s planned expansion of shipyard facilities in Balamban, Cebu, in addition to the continued development of environmentally sustainable next-generation vessels. <\/span><\/p>\n Once the expansion is accomplished, the Philippines is predicted to turn out to be the world\u2019s fourth-largest shipbuilding nation, after China, Japan, and South Korea. The commitments come because the Marcos administration pushes to sustain economic growth despite elevated oil prices, supply disruptions and trade uncertainty linked partly to the war within the Middle East.<\/span><\/p>\n Mr. Marcos used the roundtable meeting to position the Philippines as a long-term investment destination for Japanese firms searching for to diversify operations across Southeast Asia, particularly as firms reassess regional supply chains amid global tensions.<\/span><\/p>\n The Palace said the investments are expected to create hundreds of jobs while supporting technology transfer and industrial expansion.<\/p>\n Mr. Marcos assured Japanese partners of his administration\u2019s move to enhance institutional bottlenecks and long-term investment stability.<\/p>\n \u201cTo all our Japanese partners, the Philippines not from reports, but from experience,\u201d he said. \u201cYou recognize our workforce: expert, adaptable, and globally competitive\u2026 resilient in adversity, ambitious in opportunity, and increasingly connected to global trade and tourism flows.\u201d<\/p>\n Mr. Marcos is in Tokyo for a state visit, the primary for a Philippine leader after 11 years. His visit coincided with the 70th<\/sup> 12 months of the normalization of Manila and Tokyo\u2019s diplomatic ties.<\/p>\n Trade Secretary Maria Cristina A. Roque said the Philippines is targeting more high-technology and green manufacturing investments as Japanese firms boost regional production networks.<\/span><\/p>\n \u201cOur message is obvious: the Philippines is open, ready, and highly able to supporting the rapid expansion and resilience of Japanese global value chains,\u201d she said in the identical statement.<\/p>\n \u201cWe’re aggressively positioning the Philippines as your strategic hub in ASEAN (Association of Southeast Asian Nations) for smart manufacturing, green metals, and renewable energy,\u201d she added.<\/span><\/p>\n Tourism Secretary Maria Bernardita Angara-Mathay said the federal government can also be seeking to attract investments in eco-tourism, hospitality development and aviation connectivity, sectors expected to profit from a recovery in regional travel demand.<\/p>\n \u201cTourism is a large engine for infrastructure and business investment,\u201d she said in the identical statement. \u201cBy synergizing with our trade initiatives, we’re opening up high-value opportunities in hospitality facilities, eco-tourism development, and aviation connectivity, ensuring that investments in Philippine tourism yield robust, long-term returns.\u201d<\/span><\/p>\n SMART CITIES, FINTECH In a press release on Thursday, the PCO said Ayala Corp. (AC), the Philippines\u2019 oldest conglomerate, signed three memoranda of understanding (MoUs) with major Japanese firms during Mr. Marcos\u2019 four-day visit in Japan.<\/p>\n The PCO said that AC and Ayala-led Globe Telecom, Inc. signed an MoU with Japan\u2019s Mitsubishi Corp. and KDDI Corp. to ascertain \u201cIntelligent City\u201d initiatives in Makati City, which might be expanded to other urban areas.<\/p>\n Mitsubishi Corp. is a multinational conglomerate with operations across machinery, energy, and automotive, while KDDI Corp. is a Japanese telecommunications firm ranked among the many Fortune Global 500 Firms.<\/p>\n In response to the PCO, the \u201cIntelligent City\u201d project will leverage AI, Web of Things, urban data integration platforms, and advanced telecommunications solutions to enhance transportation, retail and business services, energy management, and digital city services.<\/p>\n AC and Globe Fintech Innovations, Inc. (Mynt) inked a separate MoU with Mitsubishi to develop \u201cSmart Life\u201d digital services. The initiative, which goals to make Filipinos\u2019 digital transactions more convenient, is predicted to generate around P7 billion in revenues.<\/p>\n The partnership will cover rewards programs, ticketing services, online payment platforms, and digital marketing solutions, PCO said.<\/p>\n AC and Mynt, the parent firm of digital wallet GCash, also inked a separate MoU with Mitsubishi and Japanese bank holding company Mitsubishi UFJ Financial Group (MUFG) to expand GCash\u2019s services within the Philippines and overseas.<\/p>\n The partnership is predicted to assist integrate GCash into AC and Mitsubishi\u2019s business ecosystems across retail, real estate, energy, mobility, and digital services, the PCO said. <\/span><\/p>\n The initiative would concentrate on developing higher digital payment systems, lending services, investment products, and stronger online security, it added.<\/p>\n AC President and Chief Executive Off<\/span>icer Cezar P. Consing said its partnerships with Japanese firms align with its push to construct more inclusive financial systems while helping more Filipinos take part in the digital economy.<\/p>\n \u201cThese partnerships reflect our shared commitment to nation-building, leveraging innovation, infrastructure, and technology to support the Philippines\u2019 long-term growth,\u201d he said in a separate statement.<\/p>\n Angelito \u201cLito\u201d M. Villanueva, chairman of FinTech Alliance PH, said the Philippines\u2019 recent partnerships with Japan would help boost <\/span>the economy\u2019s competitiveness. <\/span><\/p>\n \u201cThe longer term of economic competitiveness will belong to nations that may connect finance, infrastructure, and technology and the Philippines is now firmly entering that conversation alongside Ja<\/span>pan,\u201d he said in a Viber message.<\/span><\/p>\n<\/p><\/div>\n <\/p>\n","protected":false},"excerpt":{"rendered":" President Ferdinand R. Marcos, Jr. speaks during a gathering with the Japan-Philippines Parliamentary Friendship League on the First Members\u2019 Constructing of the House of Representatives in Tokyo, Japan, May 27, 2026. \u2014 PPA POOL\/MARIANNE BERMUDEZ By Chloe Mari A. Hufana, Reporter and Beatriz Marie D. Cruz, Senior Reporter PHILIPPINE President Ferdinand R. Marcos, Jr. secured […]<\/p>\n","protected":false},"author":1,"featured_media":342246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[474,11110,4248,2030,17176],"class_list":["post-342245","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-boost","tag-firms","tag-investments","tag-japan","tag-phl"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/342245","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/comments?post=342245"}],"version-history":[{"count":2,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/342245\/revisions"}],"predecessor-version":[{"id":342248,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/posts\/342245\/revisions\/342248"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media\/342246"}],"wp:attachment":[{"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/media?parent=342245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/categories?post=342245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ebiztoday.news\/index.php\/wp-json\/wp\/v2\/tags?post=342245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
<\/b>Meanwhile, Philippine and Japa<\/span>nese firms have signed <\/span>three key agreements that seek to spice up smart cities development, digital connectivity, and financial technology (fintech) within the Phil<\/span>ippines, the Presidential Com<\/span>munications Office (PCO) said.<\/span><\/p>\n