President Rodrigo Duterte's economic team is in the US to brief international investors on the Philippine growth story.

In New York, the Cabinet officials met with representatives from Citibank, Morgan Stanley and Standard Chartered.

"This mission is a great opportunity for the economic team to highlight to US policy makers and the business community the incredible potential of the Philippine economy, which continues to be the fastest growing economy in the most dynamic sub-region in the fastest growing area in the world," Foreign Affairs Secretary Alan Peter Cayetano said in a statement from the Philippine Embassy in Washington.