Two Philippine Brands Make It To The 4th China-ASEAN Famous Brands – April 30, 2014

The Two-Way Recommending Famous Brands from China and ASEAN has proven to be a significant mechanism in optimizing bilateral trade between China and ASEAN -- it has undoubtedly facilitated the promotion and creation of awareness as well as understanding about each others' products and markets. This year, Destileria Limtuaco & Co., Inc. and Rusty Lopez (www.rustylopez.com) made it to the 4th ASEAN Famous brands.

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UA&P’s Trade Mission to Jakarta

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April 29, 2014 - The Philippine Trade and Investment Center in Jakarta, Indonesia organized a half-day business mission program for the participants of the Strategic Business Economics Program (SBEP) of the University of Asia and the Pacific (UA&P).

SBEP is the UA&P’s flagship program exclusively designed for top management executives and business owners. Part of the program is an annual international out-of-town conference and trade mission where participants exchange views and information on business case studies while also taking advantage of the opportunity to meet with potential business partners.

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DOE Issues Circular for Philippine Energy Contracting Round (PECR5) on Coal and Oil

As part of its continuing thrust to ensure energy security in the country, the Department of Energy (DOE) has issued the Department Circular (DC2014-02-0005) for the 5th round of the Philippine Energy Contracting Round (PECR-5). The target launch of the PECR-5 for coal and petroleum is on 25 April 2014. In line with the said launch, the DOE will conduct information, education, and communication (IEC) campaigns in the host communities and areas near the exploration areas from May to June 2014.The IEC for petroleum will be in Palawan, Mindoro, Iloilo, and Sulu, while the IEC for coal will be in Isabela, Albay, Cebu, Davao, and Zamboanga. Moreover, the DOE will present the PECR-5 for petroleum in international roadshows scheduled in Texas, U.S.A (12-16 May 2014), Singapore (10-14 June 2014), and Turkey (14-17 September 2014) to encourage oil exploration players to join the contracting round. Go to full article at: https://www.doe.gov.ph/news-events/news/press-releases/2338-doe-issues-circular-for-pecr5-on-coal-and-oil

DTI sees more inbound business missions from Taiwan


MANILA, April 24, 2014 -- With its recent bid to boost Philippine economic relations with Taiwan, the Department of Trade and Industry (DTI) expects more business opportunities as well as inbound trade and investment missions from Taiwan this year.

“With its strong economic performance, flourishing business opportunities, and proximity, the Philippines is in a firm position to encourage Taiwan in closely considering our country as their gateway or hub for the Association of Southeast Asian Nations (ASEAN) market,” DTI Undersecretary Ponciano C. Manalo Jr. said in a statement.

Manalo also noted that Taiwan, which is considered as a major supply chain source of manufacturing industries in the region, is currently one of the Philippine's top trading partner and investment sources.

Manalo visited Taiwan to push for a number of Philippine trade and investment promotion opportunities. The visit ran from March 23 to 27, 2014.

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Investment Mission in South Korea

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DTI Secretary Gregory L. Domingo and Undersecretary Ponciano C. Manalo were in Seoul, Korea on an investment mission last 23 – 26 April 2014. Seen here with Commercial Counselor Nic Bautista, Mrs. Aija Jeon, PTIC-Korea Senior Trade and Investment Assistant, together with Korean businessmen-participants in the Investment Seminar held 24 April 2014, SGLD and UPCM also met with top representatives of Korean companies in the financial, electronics, engineering, construction, BPO, power, and food manufacturing sectors. These included heavyweights Shinhan Financial Group, Woori Bank, Korea Exchange Bank, STS Semiconductor Co., Ltd., SK Engineering & Construction, Samsung SDS, Daelim Industrial Company, Daesang Corporation and KEPCO. The DTI bosses came home with pledges of investment and collaborative projects worth at least USD1.5 billion.