I think it would be a very bad move to do something like this right now, when the Philippines is still run by the close-enough-to-fascist-to-make-little-difference dictator Duterte. Just as one example of why doing anything that even appears to legitimize and support him (or anything that puts you or yours in his power) is a bad idea, his way of dealing with "the drug problem" is just to kill drug users outright. To the tune of tens of thousands.

I certainly feel for the people of the Philippines, and setting up a major Apple HQ there would likely improve their opportunities somewhat, but as long as Duterte or anyone like him is in charge there, there are just so many reasons not to make any significant commitments to the Philippines.