The Philippines, through the Department of Trade and Industry’s Foreign Trade Service Corps (DTI-FTSC), welcomed 19 confectionary manufacturers from Kansai Kashi Kogyo Cooperative Association, led by its President Mr. Fujisawa Hajime, President of Nobel Confectionery Co., Ltd. (1st row; 5th from left), through a briefing held last 16 November at Dusit Thani Manila in Makati City.
In her welcome remarks, DTI Industry Development and Trade Policy Group Assistant Secretary Rafaelita M. Aldaba (1st row, 4 th from left) introduced DTI’s Inclusive Innovation Industrial Strategy or i3S, which aims to develop globally competitive and innovative industries to sustain the country’s high growth trajectory with innovation at its core.
Agribusiness and processed food are among the 12 priority industries identified under the i3S.
Mr. Nobuyuki Nakajima, Deputy Executive Director of Japan External Trade Organization (JETRO) Manila (1st row, 3rd from left), and Mr. Kawamura Tomotaka, Project Manager of Sojitz Philippines Corporation (1st row, 6th from left), also shared their valuable experience in doing business in the Philippines from a Japanese perspective.
The event was concluded by a business networking session attended by members of the Philippine Confectionery, Biscuit and Snack Association (PCBSA), led by its President, Mr. Kissinger Sy (1st row, 1 st from left).
The Philippine confectionary industry grew by 2.6% in 2016, with revenues amounting to USD 670.10 million.♦
Officials of Tokyo Weld, Japanese manufacturer of equipment for manufacturing electronic parts discuss with Mr. Allan Timonera, President of Fastech Advanced Assembly, Philippine semiconductor manufacturer their plans to set up a factory in the Philippines during the recently concluded Philippine Semiconductor and Electronic Conference and Exhibition last month at the World Trade Center in Pasay City.
Last July 12, Buster Elevado, Commercial Counsellor of the Philippine Trade and Investment Center (PTIC) - Osaka was one of the speakers of a seminar entitled, "Philippine Economic Seminar: Attractive Business Climate as Manufacturing Base and Market" held at the OKB Fureai Center in Gifu City. It was organized the the Gifu Economic and Industrial Center (GEIPC), Gifu Industries Association (GIA) and PTIC Osaka supported by the Gifu-based regional bank, Ogaki Kyoritsu Bank, the Tokio Marine and Nichido Fire Insurance Co. and the Mitsui Insurance Co.
|Left photo: Philippine Trade and Investment Center (PTIC) - Osaka Commercial Counsellor Buster Elevado. Right photo: The participants of the Philippine Economic Seminar held in Gifu City.|
As it borders Aichi Prefecture where Japan's major automotive manufacturers are located, Gifu Prefecture is the home of many small and medium enterprise (SME) parts suppliers of these manufacturers. Many of these companies are in metalworking and mold and die manufacturing.
There were 40 participants coming mostly from Gifu SMEs. Mr. Elevado spoke about the economic policies under President Duterte, "Build, Build, Build". Other speakers include, Mr. Ichiro Tsuji a tax accountant based on the Philippines on doing business in the Philippines and Mr. Satoshi Nagai, Managing Director of NBC Co, a Gifu-based company, which manufactures automotive electronics. This company recently set up NBC (Philippines) Car Technology Corporation that manufactures automotive wiring harnesses in Batangas.
Later, officials of the GEIPC and the GIA said they will organize a business mission to the Philippines.