Taiwanese companies are increasing investment in the Philippines as global supply chains move away from China and ties between Manila and Washington grow stronger, Focus Taiwan reported Tuesday, citing Chung-Hua Institution for Economic Research expert.
Investment has picked up notably since the COVID-19 pandemic, reaching about $257 million in 2025, although Vietnam still attracts more Taiwanese businesses in the region, according to the report.
Companies are also responding to pressure from U.S. clients to set up production outside China. The Philippines is seen as attractive due to its young workforce, English skills, and location, but challenges remain such as higher power costs and limited high-end technical talent, the news outlet said.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)