|Photo: Front (L-R): Consul General Lilibeth Pono, FoPo‘s Gerald Marin and Commercial Counsellor Althea Antonio. 2nd Row: Novel Capital‘s Miguel Encarnacion, Consul Catherine Torres and Medwing‘s Johannes Roggendorf|
Berlin, GERMANY. PTIC-Berlin together with the Philippine Embassy in Germany and Novel Capital Partners L.L.C organized the first Philippine StartUp MeetUp Berlin on 28 June 2018 at the Philippine Embassy in Berlin.
The event was attended by more than 35 representatives from both Berliner and Filipino startup scenes, and Embassy personnel. Berlin-PE's Charge d'Affaires Beth Pono opened the event followed by a talk on Doing Business in the Philippines by Commercial Counsellor Althea Antonio, and an introduction to the Philippine startup ecosystem by Novel Capital's Miguel Encarnacion. Consul Catherine Torres moderated the said event.
Filipino founder Gerald Marin of FoPo Food Powder talked about his experience in starting a business in Germany and how he is leveraging his network in the Philippines to improve operational efficiency. Founded in Bremen, Germany, FoPo saves almost wasted fruits and vegetables by turning them into powder with a shelf-life of up to 2 years and nutritional value saved up to 90%.
Medwing's Johannes Roggendorf, meanwhile, talked about the early-stage startup's vision to serve as the most trusted and convenient platform for finding opportunities and working in healthcare with an interest to tap the huge number of healthcare professionals in the Philippines and Asia. He also discussed the challenges his startup company is facing by recruiting Filipino health care professionals, namely, language requirement and visa regime in Germany. After Mr. Roggendorf's talk, a guest from care.com also gave her insights about their company and how they could complement Medwing's business model and explore possible collaboration.
Post likewise received positive feedbacks from the participants describing it as very informative and fruitful. As an example, during the networking session, Manuel Biermann and Jan Schneewind matched on a potential partnership in terms of land lease for office space. Charge d‘Affaires Beth Pono commended the event and expressed her support to the activity by offering to host and fund the next startup meetup.
Date of release: 5 July 2018
The Department of Trade and Industry through its Center for International Trade Expositions and Missions (DTI‐CITEM) is keen on attracting more investments for the country’s booming energy sector through export promotion activities in the upcoming Hannover Messe to be held in Hannover, Germany, on April 23 to 27, 2018.
“We are elevating trade and investment promotion to a whole new level as we tap our partners for inclusive growth from the energy sector in a collective participation in this world’s most important industrial tradeshow and the largest capital goods exhibition in Germany,” said DTI Undersecretary for Trade and Investments Promotion Group (TIPG) Nora K. Terrado.
With the theme “Solutions for the New Era of Energy,” the energy sector of Hannover Messe 2018 will focus on innovative technologies for electric power systems to become more flexible, to intelligently connect sectors, and to engage new market participants amid an increasingly decentralized global energy chain.
Hannover Messe covers the world’s five industrial value‐adding chain under one roof, namely (1) energy; (2) integrated automation, motion and drivers (IAMD); (3) industrial supply; (4) research and technology; and (5) digital factory.
“As a global gathering of key industry players, Hannover Messe is the prime platform to drumbeat and build up investor confidence on the Philippines as a global powerhouse of renewable energy and other relevant technologies,” said Terrado.
In 2017, the Germany‐based event gathered 6,500 companies from over 70 nations and was attended by 225,000 visitors and trade buyers across the world, generating around 5.6 million partnerships, business models and other contacts.
Aside from renewable energy, the Philippines through DTI will also seek to secure investments for local stakeholders in energy efficiency, conservation, and transmission in the Philippines.
In preparation for Hannover Messe, Undersecretary Terrado said they are gathering a pool of 15 Philippine companies that represent the nation’s best foot
forward in terms of energy systems, technology, services and other industrial goods.
“Through this synergy among stakeholders, we will be able to seal partnerships with foreign investors and mobilize much‐needed funding and infrastructure to our energy players,” explained Terrado.
“It will also give motivation to our local energy stakeholders to fast‐track efforts towards the mainstream use of renewable energy sources in the Philippines as more and more countries have started their industrial shift towards more sustainable power sources,” she added.
Business‐matching meetings between Philippine renewable energy companies to potential investors, technology adapters, developers, suppliers and other local energy stakeholders are also expected to take place in the international tradeshow.
PH shifts to renewable energy
Renewable energy is defined as energy generated from natural processes that are continuously replenished which includes biomass, geothermal, hydro, wind, solar and ocean energy under the PEP 2012‐2030.
|In photo: Bagui Wind Farm in Bangui, Ilocos Norte.|
It has been identified in the country’s Investment Priority Plan 2017‐2019 as an emerging sector that needs government intervention particularly in export promotion.
Based on a DOE’s Philippine Power Situation Report, the country’s total power capacity in 2016 is at 53.16 million tons of oil equivalent (MTOE) with renewable energy occupying the second largest share at 32.5%, only next to coal at 34.6%.
The top renewable energy sources in the Philippines are hydropower (16.9%) and geothermal (8.9%), followed by biomass, wind, and solar (6.6%).
Date of release: 20 March 2018
|In photo: The 20 Philippine Honorary Consuls from Europe (Greece, Germany, Switzerland, Bulgaria, Serbia, Belarus, Denmark, Finland, Iceland, France, Albania, Slovak Republic, Slovenia, Croatia, and Austria) with Philippine Ambassador Millie Sta. Maria-Thomeczek (seated, 4th from L), DTI Undersecretary Nora K. Terrado (5th from L), Board of Investments International Investments Promotion Service (IIPS) Director Angelica Cayas (6th from L), DTI-EMB Director Senen Perlada (3rd from R), EU Delegation to the Philippines Economic and Trade Section Head Mr. Walter Van Hattum (standing, 7th from R), PCCI President Alegria Sibal-Limjoco (seated, 2nd from right) and BDO Senior Vice-President and Group Head for International Desks Mr. Edward Wenceslao (seated, 2nd from left).|
Following President Duterte’s vision to diversify and strengthen the country’s trade and investment relationship with other countries, the Philippines (PH) has revived the Joint Committee on Economic and Technical Cooperation with Turkey, followed by a series of fora with ministerial and business chambers in Hungary. The Trade & Investment Mission will be led by DTI Secretary Ramon Lopez, from February 5 to 9, 2018, which aims to promote as well the exports of more Philippine products to both markets and attract Turkish and Hungarian investors to do business and establish their operations in the country.
Co-organized by the Board of Investments (BOI) through the International Investments Promotion Service, Philippine Trade & Investment Centers (PTICs) in Paris and Berlin (with jurisdiction on Turkey and Hungary, respectively), and the Philippine Embassies in Ankara and Budapest, the Mission is in conjunction with the inaugural Philippine-Turkey Joint Committee for Trade, Economic and Technical Cooperation (PH-TR JCTEC) on February 6, 2018 in Ankara, Turkey. The Framework Cooperation agreement with Turkey was signed in 1999, but the talks have not advanced.
“The Philippines' engagement with Turkey and Hungary is in line with the current Administration’s strategy of rebalancing investment and trade relations with non-traditional partners through the pursuit of an independent foreign policy. With the country’s solid economic fundamentals built on the upbeat confidence of investors on the Duterte administration’s reforms and programs to create sustainable growth, we are positive of getting more investments from our foreign economic partner countries such as Turkey and Hungary as we continue to promote the country as a prime investment destination,” said Sec. Lopez.
The Trade Secretary is joined by a 6-member delegation from the Philippine Chamber of Commerce and Industry, Philippine-Turkish Business Council, United Architects of the Philippines, Integrated Micro-Electronics Incorporated, Malabon Longlife Trading Corporation, Megawide Airports Group & GMR-Megawide Cebu Airport Corporation, Philippine Food Service Equipment & Supplies and Great Crescent Flour Corporation.
For the Turkey leg, the delegation will promote construction; manufacturing particularly automotive, electronics, shipbuilding, and aerospace; Halal products; coconut products; personal care and IT Business Process Management, including creatives services—all of which were determined based on the existing priority sectors for trade and investment to Turkey validated by the Turkish Embassy in Manila and PTIC Paris and the Philippine Embassy Ankara.
The BOI represented by Trade Undersecretary and BOI Managing Head Ceferino Rodolfo, and Turkey’s Prime Ministry Investment Support & Promotion Agency represented by Vice President Mustafa Rumeli, are set to sign a Memorandum of Understanding (MOU) on exchanging information on investment environment and opportunities and sharing of experiences in attracting foreign investments as well as best practices in investments promotion.
The MOU also encourages interested local companies in setting up or expanding their businesses in the area of both participants, and provide support to facilitate inward investment to the extent possible under both parties’ respective laws and policies.
Meanwhile, for the Hungary leg, the delegation will meet with its counterpart led by Minister Peter Szijjarto, promote manufacturing particularly the sub-sectors of machineries, medical devices, automotive parts, aerospace, pharmaceuticals, food and agri-business; infrastructure; and shared services.
The two countries represented by Secretary Lopez and Minister Szijjarto agreed to pursue cooperation in said sectors during the Philippines-Hungarian Economic Cooperation Agreement held last March 28, 2017 in Manila.
Turkey and Hungary are minimal sources of foreign investments in the PH. On the trade side, in 2016, Hungary ranked as the PH’s 40th trading partner, 26th export market, and 64th import supplier. Turkey on the other hand was the country’s 45th trading partner, 45th export market, and 43rd import supplier.♦