Under the supervision and guidance of DTI Undersecretary Ponciano C. Manalo Jr., the Philippine Trade and Investment Center (PTIC) in Guangzhou and CITEM organized the Philippine participation to the Hong Kong Fashion Access.Continue reading
Acknowledging the sustained economic performance of the Philippines and in line with their goal of expanding in the ASEAN, China’s Guangzhou Automobile Group Co., Ltd. (GAC Motor) officials visited the Philippines for an investment mission last January 13-18, 2014. The delegation was headed by Mr.Marlon Ma, Regional Sales Director and Mr. Johnny Chin, Regional sales representative.
AGAC Motor is the oldest automotive company in China with its roots tracing back to the 1950’s. The subsidiaries of the group include GAC TOYOTA MOTOR Co., Ltd, GAC HONDA MOTOR Co., Ltd, GAC FIAT MOTOR Co., Ltd, GAC MITSUBISHI MOTOR Co., Ltd, Guangzhou Automobile Group Autobus Co., Ltd, GAC-HINO (Shenyang) Motors Co., Ltd and Wuyang-Honda Motors (Guangzhou) Co., Ltd. The GAC Group sold more than 1 million cars and buses in 2013 with total revenue of US$ 24.15 billion and was ranked 483 of the Global Fortune 500 in 2012.Continue reading