Opportunities in co-production, distribution, and intellectual property exchange in the entertainment industry took center stage in an industry briefing organized by the Philippine Trade and Investment Center (PTIC) and the Philippine Embassy in Mexico City.
Philippine Ambassador Demetrio R. Tuason welcomed the audience of film producers and distributors from CANACINE, the Mexican film industry chamber. He emphasized that the forum built upon the momentum generated when the Philippines was highlighted as country guest of honor during the recent Guanajuato International Film Festival in July.
Vichael Angelo Roaring, head of PTIC Mexico and DTI´s trade representative in Mexico and Latin America, outlined the objectives of the event which, was to highlight opportunities and open the door for collaboration and business development between the Philippine and Mexican creative industries, in particular the film production sector.
Jun Del Rosario, Managing Director of ABS-CBN North and Latin America, gave the industry presentation, starting with a presentation of the company describing its business units. He highlighted Star Cinema / ABS-CBN Films which was established in 1993 and has become the largest motion picture company in the Philippines and as of 2015 has captured 83% of the local theatrical market share. The Mexican audience gave their best reaction when they were informed of the success of Latin telenovelas in the Philippines. Del Rosario noted his company´s adaptations of Mexican telenovelas such as Maria Mercedes and Maria la del barrio, in partnership with Televisa and RTI Colombia. Del Rosario talked about the possibilities of co-production, as they are constantly searching for partnerships around the world, filming stories that resonate with the global audience. He indicated that it is through co-productions that their films have reached a mainstream audience beyond the Filipino market. Finally, Del Rosario indicated that the music industry and talent exchange is another area that they will pursue for Mexican and Latin American market.
At the end of the event, the team of PTIC Mexico, together with Del Rosario discussed and networked with the CANACINE members to continue discussions on production and distribution opportunities between their respective industries.♦
Date of Release: 4 December 2019
The Foreign Trade Service Officers successfully conducted their regional planning consecutively held from 03-13 December 2018 to discuss and review strategies in promoting Trabaho, Negosyo, Kabuhayan (TNK) goes Global program for overseas Filipinos, Philippine Export Development Plan (PEDP), and the country’s Investment Priorities Plan to improve the Philippines’ trade relations and increase investments for the year 2019 onward, among others.
Date of Release: December 2018
On the sidelines of the meeting of the 11th Ministerial Conference of the World Trade Organization, DTI Secretary Ramon Lopez discussed with an Argentinian investor how to expand sourcing of local seaweeds. Sec Lopez met with one of the owners of food ingredient-producer Farmesa, which has a plan to set-up a seaweeds processing plant in the Philippines.
The Philippines will be their first manufacturing operations outside Argentina, according to Mr. Agustin Perez, Head of Farmesa’s International group. Mr. Perez confided that aside from the big potential of locally sourcing seaweeds, he finds the Philippines business environment stable and the economy very dynamic, which add on to his confidence in pursuing their growth story in the Philippines. He cited the country as one of the fastest growing economies in the world.
FARMESA, is an Argentinian family enterprise that specializes in the R&D, production, and exportation of food additives and ingredients to several food companies worldwide. Sec. Lopez reaffirmed that their expansion plans can bring them closer to both the source of their main ingredient seaweeds, as well as the market of their products in the Philippines and Asian region.
They recognize as well the potential of harnessing the FTA and GSP trade arrangements that the Philippines have with other countries in the region as well as in US and EU.
Secretary Lopez lauded Farmesa for their decision to choose the Philippines ahead of other candidate countries for the company´s expansion. The availability of raw materials plus the strategic location of the country factored highly in the country’s evaluation. They currently had to source seaweeds from several Asian countries and bring it to Argentina for processing. Now they can focus their sourcing in the Philippines and do the processing right in the country. While they have existing client companies, they plan to export bulk of their production.
Secretary Lopez reassured the investor of President Duterte’s commitment that there will be no corruption in their dealings with government and to ensure their ease of doing business, the full assistance of the Board of Investments and PEZA will be extended when they start to implement their plans to produce and export.
Also in the meeting were the Board of Investments Managing Head, Undersecretary Ceferino Rodolfo, and DTI’s Mexico-based Commercial Counselor for Latin America Vichael Angelo Roaring.♦
|Atty. Clarisa Arauz (seated center) of ACODECO expressed her great admiration to the DTI and its consumer groups in her recent visit to DTI-3 office. Assisting Arauz is Asst. Dir. Lilian G. Salonga of DTI CPAB (2nd R, center table)|
An official of the Autoridad de Proteccion al Consumidor y Defensa dela Competencia (ACODECO) in Panama recently visited the Department of Trade and Industry Regional Office III in the City of San Fernando to consult with local trade officials and to benchmark with the activities of consumer groups in Region III.
Attorney Clarisa Arauz, a legal officer for ACODECO Panama expressed her admiration for the activities of the Federation of DTI Accredited Consumer Organizations – Central Luzon (FEDACOR-3), which were presented to her by Aurora Tagalag of the Nueva Ecija Consumer Affairs Council, a member group of Fedacor-3. She also noted that they can replicate the market monitoring activities of the group in her country. She stressed that her agency generally emphasizes capability building programs and agency coordination to strengthen consumer protection in Panama. Division Chief Ricardo S. Naguit Jr and Consumer Arbitration Officer Jojo F. Toledo of the DTI-3 explained to the Panamanian official the mandates of the DTI, its consumer groups and the National Price Coordinating Council. Attorney Arauz noted that she will bring her learnings to her country and try to implement their mandate together with consumer organizations.
Lilian G. Salonga, Assistant Director of the DTI Consumer Protection and Advocacy Bureau, assisted Arauz in her visit. She cited the importance of the Fedacor in ensuring that consumer vigilance is alive in Central Luzon. She said that Fedacor-3 officers are always part of the meetings of the National Price Coordinating Council, where policy matters relating to consumer rights are discussed. She also noted that Central Luzon was intentionally chosen as a benchmarking site because of the active membership of the consumer organizations in the region.
December 20, 2016
THE average Mexican downed 64 liters of alcoholic drinks in 2014. That’s roughly the amount of water required to fill up a decent-sized kiddie pool.
And, according to Euromonitor International, this will continue growing to almost 70 liters per person per year come 2019. With a population of around 123 million people, that’s an untapped market Filipino alcohol exporters shouldn’t ignore.
The year 2015 saw a rise in alcohol consumption in Mexico, particularly... Read more