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Published in Business Mirror

10 October 2017

In Photo: The Philippine country pavilion at the 14th China-Asean Expo and 14th China-Asean Business and Investment Summit in Nanning, Guangxi, China. Leading the Philippine delegation was Department of Trade and Industry Undersecretary for Trade and Investments Promotion Group Nora K. Terrado (fifth from left) with Philippine Consulate in Guangzhou Consul General Marie Charlotte Tang (second from right) and Philippine Trade and Investment Center Guangzhou Commercial Counselor John Paul Inigo.

SPEARHEADING promotion efforts under the blooming economic relations with China, the Philippine Department of Trade and Industry (DTI) Undersecretary for Trade and Investments Promotion Group Nora K. Terrado led the Philippine Delegation to the 14th China-Asean (Caexpo) and 14th China-Asean Business and Investment Summit held from September 12 to 15 at the Nanning International Convention and Exhibition Center in Guangxi province, China.

Comprising the Philippine contingent of over 100 participants were local export companies, investment-promotion agencies (IPAs), such as the Board of Investments (BOI), Bases Conversion and Development Authority, Subic Bay Metropolitan Area, Clark Development Corp. and the Mindanao Development Authority, as well as businessmen and government sector representatives aiming to promote Philippine tourism and business opportunities to the huge Chinese and Southeast Asian market.

“This is an opportune time for the Philippines to fully present its potential as an investment destination to the Chinese market. It is also a chance for Philippine exporters to meet with potential partners and buyers of their products and services and see how they can maximize the booming trend in China,” Terrado said.

The country’s contingent in China highlighted the Philippines’s trade potential through an exhibit of products and commodities from various sectors, including home, fashion and wearables, gifts, handicraft, personal care and food.

Among the products exhibited at the 14th Caexpo were Cavendish banana and banana chips, coconut preserves and by-products, durian, cacao, coffee, sugar, pili nuts, milkfish, sardines and tuna, and other food supplements. Fashion items, such as shoes, sandals, bags and souvenir items, were also sold at the commodities hall of the Philippines.

Moreover, the Philippine participation also gave the spotlight to this year’s Philippine featured destination, the province of Aurora. Tagged as the “Province of Charm”, the Aurora provincial government led by Vice Gov. Rommel Angara, presented its booming tourism industry and economic potential particularly its agriculture sector.

“High on our agenda as we send Philippine trade missions abroad is opening more opportunities for countryside development. That is why we are happy to introduce Aurora province to the Chinese and Southeast Asian market as it has tremendous potential in the tourism and agriculture sector,” Terrado said.

At present, a primary source of growth in Aurora province is agriculture. The sector employs about half of its population with about 49,991 hectares, or 15 percent, of the provincial land area classified as cultivated farmlands. It is home to several primary products that include rice, coconut, coffee, bananas, root crops, corn, citrus fruits, peanuts and abaca. It is also among the country’s major producers of coconut-distilled alcoholic drink known as lambanog and tuba.

Terrado served as the key speaker at the China-Philippines Production Capacity and Investment Cooperation Forum coorganized by the National Development and Reform Commission of China and the National Economic and Development Authority of the Philippines.

Meanwhile, a Philippine Investment Promotion Conference was held at the sidelines of the Caexpo on September 13, jointly organized by the DTI-BOI, Center for International Trade Expositions and Mission and Philippine IPAs.

The 14th Caexpo is considered as the second-biggest trade event in China, with a total exhibition space of about 122,000 square meters with 4,600 exhibition booths and around 57,000 visitors.

Caexpo has grown into an event that plays an important role in promoting the China-Asean friendly cooperation.

For this year, Caexpo had a theme of “Jointly Build the 21st Century Maritime Silk Road, Promote Regional Economic Integration through Tourism”. It highlighted the vast potential of tourism industry between Asean and China. Through this international trade fair, China eyes to connect and boost its investments in Asean countries and provide infrastructure networks particularly for micro, small, and medium enterprises to participate in the global value chain.

Philippine participation at the 14th Caexpo is in partnership with the Philippine DTI and in close collaboration with The Philippine Consulate General and the Philippine Trade and Investment Center in Guangzhou.

by Gliceria Cademia / Trade-Industry Development Specialist DTI-Export Marketing Bureau

Published in Business Mirror

10 October 2017

In Photo: Participants to the “2017 Philippines-Korea ICT Partnership Program” held on September 7 and 8 at the Makati Shangri-La Hotel are (from left): Natasha Avecilla, assisstant manager, Jones Lang LaSalle Philippines Inc.; Paulo Cheung, country site head, Personiv; Rhys Jason Manapat, trade and industry development specialist (TIDS) of the Department of Trade and Industry’s Export Marketing Bureau (DTI-EMB); Maria Teresa Loring, division chief, DTI-EMB; Roberto Panganiban, CPI Outsourcing; Maria Luz Medialdia, assistant chief, DTI-EMB; Troy-Hyoung Kyoung Choi, executive director, Global Business Division, KAIT; Antonie Lyka Manaloto, TIDS, DTI-EMB; and Arselyn Palad, administrative aide VI, DTI-EMB. THE Department of Trade and Industry Export Marketing Bureau (DTI-EMB), the Korea Ministry of Science and ICT, through its National IT and Promotion Agency (Nipa), and the Philippine Software Industry Association (PSIA) coorganized an Inbound Business Matching Mission (IBMM) on September 7 and 8 at Makati Shangri-La Hotel.

Dubbed as the “2017 Philippines-Korea ICT Partnership Program”, the event was highlighted by a business-to-business matching session between and among 13 Korean delegates and 25 Philippine companies.

The main areas for business opportunities among the Philippine ICT and the 13 Korean delegates covered digital advertising solutions, IoT cloud-platform provision, smart-center platform solutions, database-encryption solutions, geographic-information systems, education technology and software digital-signage solutions, among others.

On the first day, Korea Ministry of Science and ICT Director Jung Mon-yon and DTI-EMB Division Chief Maria Teresa Loring delivered congratulatory remarks. They looked forward to bigger things happening in the ICT sector of their countries.

Business contracts were signed between Philippine Long Distance Telecommunication Co. (PLDT) and Cobalt-Ray Co Ltd. for product-supply agreement and between PLDT and AbeTree for the Android POS system and payment solution.

On the second day, Korean delegates had a meeting with PLDT/Smart Communications and Globe Telecommunications Inc. PLDT presented the products and services they would like to offer, particularly PayMaya, an application that gives a virtual prepaid card for shopping online, booking flights and more, and Takatack, an online marketplace similar to Zalora.

The Philippine companies who joined the IBMM were Alliance Software Inc., Collabera, NorthstarSolutions Inc., Dynaquest Technology Services Inc., Personiv, Jones Lang LaSalle Philippines Inc., Land Registration Systems Inc., Robinson’s Land Inc., Ammex Isupport Worldwide, CPI Outsourcing, CAI-STA Philippines Inc., Xurpass Enteprise, RR Donnelley Inc., Cheq Systems Inc., Optel Ltd., Red Core Solutions, Stratpoint, i-Tech Global Business Solutions Inc., HKT Teleservices (Philippines) Inc., PLDT Enterprise, MetroBank, Globe Telecommunications, IL&FS, Payreto and ADEC Innovations.

by Roderick Abad

Published in Business Mirror

10 October 2017

MANILA FAME is all set once again for its second leg this year as it put from October 20 to 22 a bigger show for international and local buyers that will highlight the Philippines’s rich cultural heritage and design excellence.

Center for International Trade Expositions and Missions (Citem) Executive Director Clayton Tugonon said this 66th edition is focused on how the country’s culture has influenced generations upon generations of Filipino artisans.

“Manila FAME has always stood as a canvas to which the best of Philippine lifestyle and design talents embellish their work to showcase the country’s vibrant and multilayered cultural heritage,” he said.

Among the eight show features expected in this three-day event to be held at the World Trade Center Metro Manila and the Philippine Trade and Training Center in Pasay City is the new-generation weaves to be helmed by Paris-based design specialist Nelson Sepulveda.

He will work with over 30 small and medium enterprise-participants to invoke harmony and balance through Philippine craftsmanship and the beauty of natural raw materials.

Great Women Project 2 will also make a comeback to display the works of women artisans across the country. It was launched by the Philippine Commission on Women in collaboration with the Department of Trade and Industry Project Management Team and funding from the Canadian International Development Agency.

International designer Tony Gonzalez will also have his own curated setting that will show his versatile collection made to match a variety of material requirements, techniques and price points. Design Commune: Patterns and Palettes will be presented in four themes­—Blues and Whites, Ethnic Nomads, Green Tinted and Natural Black and White.

“Small and medium enterprises from across our country will join us in October to showcase the best artisanal products the Philippines has to offer,” Tugonon noted. “Through Manila FAME, we will work toward supporting the success of our artisans and uplifting the Philippine brand internationally.”

Organized by Citem, Manila FAME is the second longest-running trade show in the Asia Pacific, and the only trade event in the Philippines approved by Union des Foires Internationales—a French association of trade fair organizers founded 90 years ago in Italy.

This is a biannual business sourcing platform of export ready and finely crafted furniture and home furnishings, holiday gifts and décor and fashion accessories.

by Gina Yap / Senior Trade-Industry Development Specialist / DTI-Export Marketing Bureau

Published in Business Mirror

10 October 2017

FINEST products from the Philippines are on display in a pavilion at the World Food And Beverage Great Expo (Fabex) Kansai 2017 being held in International Exhibition Center (Intex) Osaka until October 13. Fabex Kansai is Japan’s largest general trade fair for commercial food, cooking ingredients, equipment and containers.

Organized by the Philippine Department of Trade and Industry, through the Export Marketing Bureau (EMB), the Philippine Trade and Investment Center-Osaka, and the Department of Agriculture-Agribusiness and Marketing Assistance Service, the country’s delegation is showcasing an array of food products, food supplements, food machinery and various kinds of farm produce in the three-day event.

EMB Assistant Director Agnes R. Legaspi, who leads the business delegation from Manila, said that the 18 Filipino companies participating in Fabex Kansai 2017 are also visiting Tokyo from October 9 to 18 for meetings with Japanese importers. This business mission aims to promote the Philippines as a reliable supplier of high-quality food products.

In addition to Philippine exhibition in Fabex Kansai 2017, top Philippine government officials will talk on doing business with the Philippines in a seminar, entitled “Philippine Seminar on Business Opportunities on Agriculture and Logistics”, organized by the Osaka Port Promotion Association at their conference hall on October 11.

by Roderick Abad

Published in Business Mirror

03 October 2017

TAIWANESE enterprises are encouraged to do business in the Philippines to further strengthen the economic and bilateral ties of two allied and close neighbors.

“Now is the best time and the best opportune moment to nourish our friendship and to work together to strengthen our relations and broaden multifaceted cooperation, so as to create a win-win situation eventually mutually beneficial for us,” Taiwan Association Inc. (TAI) President Allan Lin said during the opening ceremonies of the Taiwan Expo 2017 held in Pasay City over the weekend.

In support of Taiwan President Tsai Ing-wen’s New Southbound Policy, the top executive called for potential Taiwanese investors to venture in various Philippine industries, including agriculture, fisheries aquaculture, technology, small and medium enterprises, information and communications technology, green technology, climate change, education and culture.

“Also, as the Philippines’s infrastructure and public facilities have been continuously improved over the years and the efficiency of operations at ports has also been increasing, I will urge more Taiwanese entrepreneurs to diversify their investments to the Philippines,” he added.

Since the Philippines has become the forefront and gateway of Taiwanese investors to Southeast Asia, Lin urged more Filipino entrepreneurs to engage potential partners from Taiwan in agribusiness, manufacturing, banking, transport and communications, infrastructure and real estate, and tourism and logistics.

The competitive advantages of the Philippines as a preferred investment destination, he said, include strong macroeconomic fundamentals, an English-speaking population, a vast pool of talented professionals and a young consumer market with increased purchasing power.

“All of these above-mentioned factors explain why the Philippines has been selected as one of the most important countries to be prioritized by Taiwan to carry out the New Southbound Policy. If we work in partnership, I am sure our two countries will benefit from it,” Lin added.

Taiwan has very close economic relationship with the Philippines, with the latter being its 10th-largest trading partner. The former is the 12th-largest foreign investor in the Philippines, with total investments reaching $2.3 billion last year.

“I believe that our two countries will continue to strengthen cooperation and deepen bilateral substantive relations based on the existing solid foundation,” Lin said. “With your help, our cooperation, partnership and substantial bilateral relations will grow from strength to strength in the years to come.”

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