Philippines Showcases Economic Prowess at 2025 World Economic Forum

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Philippines Showcases Economic Prowess at 2025 World Economic Forum
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The Philippines made a strong impression at the 2025 World Economic Forum in Davos, highlighting its economic growth and commitment to innovation and sustainable development.

The Philippines highlighted its economic achievements at the 2025 World Economic Forum ( WEF ) in Davos , Switzerland, on January 25, 2025. The Philippine delegation, which focused on the theme 'Collaboration for the Intelligent Age,' was led by House Speaker Martin Romualdez, Finance Secretary Ralph Recto, Trade Secretary Ma. Cristina Aldeguer-Roque, and prominent Filipino business leaders.

During the forum, Romualdez emphasized the immense potential of the region and the Philippines' eagerness to contribute to the global conversation. In a dialogue organized by Philippine Ambassador to the World Trade Organization Manuel Teehankee, Filipino business leaders explored key sectors, including digital finance, infrastructure development, climate resilience, green energy, and ASEAN regional economic integration.Notable Philippine companies represented in the discussions included ride-hailing firm Grab and mobile payment provider GCash. Grab celebrated the Philippines' position as Southeast Asia's fastest-growing economy in 2023, according to a 2024 McKinsey and Company report. GCash highlighted the role of digital financial services in advancing financial inclusion and economic empowerment. President and CEO Martha Sazon emphasized GCash's use of innovations like artificial intelligence to enhance accessibility and customer experience. Ambassador Teehankee viewed the WEF as a platform to engage global leaders, attract investors, and foster partnerships, showcasing the Philippines' economic resilience, strong fundamentals, and commitment to sustainable and inclusive growth. Romualdez expressed his anticipation of welcoming WEF participants to the Philippines in the future, particularly as the country assumes the chairmanship of ASEAN in 2026

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