Reforms have thrust the country into the spotlight as it seeks to lure capital away from Vietnam, Malaysia and elsewhere
Meanwhile, its English-speaking population of around 117 million offers a ready labour force for companies considering relocation.
Taken together, these factors give the Philippines all the hallmarks of a global supply chain “rising star”, according to risk intelligence and data analytics firm Verisk Maplecroft.
“Despite lower infrastructure quality and governance challenges, including recent corruption scandals, the Philippines’ opportunities are knocking in electronics, auto parts and food manufacturing,” the company said in its recent 2026 Supply Chain Risk Outlook report.