The Philippines continues to confound its critics. Prognoses of ‘political crises’ sinking the economy have become unfulfilled expectations. European diplomacy’s concern with alleged extra-judicial killings risks condemning EU firms to losing out on US$160 billion in infrastructure opportunities in 2016-22. But European firms could reverse this by committing to partnerships with Philippine firms. EU economic diplomacy could become more supportive by working with firms to promote their advanced technology, know-how and expertise.