STRONGER tourism, investment and trade relations between Malaysia and the Philippines were underscored by the reopening of the Philippine Trade and Investment Centre in Kuala Lumpur (PTIC-KL) in 2016.

The renewal of economic ties is a push by the current administration to bring in investment and consequently economic development in Mindanao.  The most recent hallmark in the business relations... Read more

The Philippines, through the Department of Trade and Industry’s Export Marketing Bureau (EMB) and Philippine Trade and Investment Center (PTIC) – Kuala Lumpur, is set to take part at the Malaysia International Halal Showcase (MIHAS) 2017 on 5-8 April in Kuala Lumpur, Malaysia.

After years of absence at MIHAS, the Philippines is back with 30 Philippine companies that will showcase Halal-certified products at the Philippine Pavilion. Joining the business delegation are companies from the food (27) and non-food (3) sectors.

Products to be showcased will vary from food and beverage, processed meats and snacks, to cosmetics and personal care. With its Philippine Export Industry development program, Philippines’ participation at the said trade show is the biggest to date. 

"The Philippines takes this opportunity to introduce itself as a major supplier of Halal compliant products to the world.  We are here to take part in the global Halal initiative and to bring about innovative products that will complement the global Halal ecosystem. The Philippines brings together the strong collaboration of Halal stakeholders in the Philippines with the deliberate approach under the recently passed Philippine Halal Export Promotion and Development Law (Republic Act 10817),"  said DTI EMB Director Senen M. Perlada.

DTI-EMB confirmed the participation of San Miguel Purefoods Company, Inc., Mega Global, Century Pacific Food Inc., and Palmstore, among others.

The PTIC – Kuala Lumpur has also expressed confidence in the success of the Philippine’s participation, especially with the keen interest shown by businessmen in Malaysia to visit the Philippine Pavilion and meet the companies.

“We have gained recognition in the industry with businesses and business organizations, culinary schools, hotels, food manufacturers, and wholesalers alike, expressing excitement to  see what the Philippines can offer in terms of Halal,” said PTIC Kuala Lumpur Commercial Attache Katrina Banzon.

Philippine Halal products to Malaysia is estimated to be around USD 86.7 Million in 2016, with a five year compound annual growth rate (CAGR) of 26.80%.

MIHAS is considered the world’s largest Halal event. It offers networking and business proposition for Halal exhibitors and buyers. According to its records, it welcomed over 22,000 trade visitors from more than 70 countries and generated record sales beyond RM1 Billion for 600 exhibitors.

MIHAS is hosted by Ministry International Trade and Industry, organized by Malaysia External Trade Development Corporation (MATRADE) in association with Halal Industry Development Corporation (HDC) and Department of Islamic Development Malaysia (JAKIM).

Philippines’ DTI EMB and PTIC-Kuala Lumpur invite everyone to visit the Philippine Pavilion at MIHAS 2017.

Other participating agencies include the Department of Agriculture, Mindanao Development Authority, Zamboanga City Special Economic Zone Authority & Freeport and DTI Regions 5 and 9.♦

The Department of Trade and Industry’s newly-opened Philippine Trade and Investment Center-Kuala Lumpur (PTIC-KL) recently kicked off its first-ever Negosyo Seminar for 2017 for Filipinos in Malaysia.

Participated in by over 100 community leaders and members, the Negosyo Seminar, entitled “Overseas Filipino Investor: Investing in Asia’s New Economic Tiger” aimed at encouraging overseas Filipinos in Malaysia to become entrepreneurs and invest in the Philippines. The seminar was co-organized by the Embassy of the Philippines - Kuala Lumpur (KL PE) and the Federation of Filipinos in Malaysia (FFAM).

The first of many seminars was an introduction to the Negosyo Act and the Negosyo Center, including its objectives and services, and different government support facilities available to any would-be investor and entrepreneur. Likewise, DTI’s Shared Service Facility (SSF) project was also introduced.

“We continue to urge our fellow Filipinos abroad to do business in the Philippines even with very little capital. Same with other successful Filipino micro, small, medium enterprises (MSMEs) who are now top exporters in different parts of the world, they can be the next success story of the Philippines,” said Commercial Attache Katrina Banzon.

FFAM President Nenita Bueno said that the Negosyo Seminar was something new and exciting for them, and that they welcome more Negosyo Seminar for their members.

The newly opened PTIC- Kuala Lumpur headed by Commercial Attaché Katrina Banzon plans to hold at least one Negosyo Seminar every quarter. These seminars are in line with the thrust of the DTI in forwarding inclusive growth and encouraging “new” types of investors.

FFAM is the only Embassy-recognized umbrella organization of Filipinos in Malayia, with a membership of 31 organizations and over 3,000 members in total.

For more updates about PTIC-Kuala Lumpur’s activities, log on to ♦

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