US economic affairs secretary to visit Philippines this week

US Secretary of State for Economic Affairs Jacob Helberg will travel to the Philippines this week to discuss economic development and the Pax Silica partnership.

The US Department of State announced the visit yesterday. Helberg is scheduled to be in the country from today until Thursday.

The trip will center on the Pax Silica partnership, a US-led effort to strengthen supply chains for artificial intelligence, advanced computing, semiconductors and critical minerals. The Philippines joined the group last month as its 13th member, alongside Australia, Finland, India, Israel, Japan, Qatar, Republic of Korea, Singapore, Sweden, the United Arab Emirates, the United Kingdom and the US.

During his stay, Helberg plans to meet government officials, private sector leaders and representatives from other ASEAN countries. He will also visit the planned Economic Security Zone, a proposed 4,000-acre industrial site intended to support the Luzon Economic Corridor.

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South Korean President Lee Jae-myung meets Singapore PM Lawrence Wong and Philippines President Ferdinand Marcos Jr. at summits to boost trade, infrastructure, and AI ties.
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President Lee to pay state visits to Singapore and Philippines next week

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South Korean President Lee Jae-myung will pay state visits to Singapore and the Philippines next week for summit talks aimed at expanding cooperation with these Southeast Asian nations. In Singapore, he will hold talks with Prime Minister Lawrence Wong, and in the Philippines, with President Ferdinand Marcos Jr. Cheong Wa Dae anticipates strengthened ties in trade, infrastructure, and sectors like AI.

The Philippines has turned down a US request for diplomatic immunity for personnel involved in a planned artificial intelligence industrial hub in Capas, Tarlac.

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During Paraguayan President Santiago Peña's historic visit to Manila—the first by a Paraguayan leader in over 60 years—Presidents Ferdinand Marcos Jr. and Peña oversaw the signing of multiple agreements to boost trade, agriculture and people-to-people ties.

Paraguay President Santiago Peña Palacios will visit the Philippines on May 11 to expand cooperation in trade, investment and agriculture, Malacañang announced. The visit marks the first presidential trip between the two countries. He and President Marcos are set to hold a bilateral meeting at the Palace.

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Under Secretary of State Allison Hooker will visit Seoul in the coming weeks to launch bilateral working groups implementing agreements from the October 2025 summit between Presidents Lee Jae Myung and Donald Trump, building on earlier follow-up talks.

Malacañang assured Filipinos that the country's rights in the West Philippine Sea will be safeguarded, as Manila and Beijing began 'initial exchanges' on potential offshore oil and gas exploration.

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President Ferdinand Marcos Jr. said the Philippines will push through with hosting the ASEAN summits in May and November 2026 on a ‘very bare-bones’ scale, focusing on energy and food security as well as migrant workers amid the Middle East conflict.

 

 

 

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