PTIC-Malaysia Joins the 6th Muslim World Biz 2015


The Philippine Trade & Investment Center (PTIC) in Malaysia recently participated in the 6th Muslim World Biz 2015, an event aimed at strengthening trade among members of the Organization of Islamic Countries (OIC) and other countries. The event was held at the Putra World Trade Centre in Kuala Lumpur and attended by over 1,200 conference delegates and 20,000 trade buyers and visitors from around the world.

PTIC showcased the range of halal-certified food in the Philippines, as well as the country’s initiatives in the promotion of halal food and investments in halal production. With over 1.7 Billion Muslim population worldwide, including 293 million in ASEAN and a growing affluent Muslim society, the halal market is a gold mine waiting to be tapped. Aside from food, requirement for halal-certified non-food products and services is expected to intensify as the Muslim population increases. Currently, the demand for halal products has now reached about US$200 billion worldwide.

“We are delighted to be able to support the 6th Muslim World Biz 2015 as it provides us a platform to connect with the Muslim market and to inform the community of our country offerings. We look forward to partnerships with Malaysia and other countries in promoting the halal industry in the Philippines,” said PTIC-Malaysia Commercial Counsellor Glenn Peñaranda who spearheaded the Philippine participation.

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Philippines Joins ASEAN SME Showcase and Conference 2015


Great Gifts

The Department of Trade and Industry (DTI) participated in the ASEAN SME Showcase and Conference held on May 26 to 28, 2015 at the Kuala Lumpur Convention Center, as the Philippines enhances the competitiveness of its small and medium enterprises (SMEs) and prepare them for the regional integration. The DTI’s Bureau of Small and Medium Enterprise Development (BSMED) organized a delegation of 12 Philippine SMEs which showcased food and beverage, organic and natural products, handicrafts, eco bags, capiz products, South Sea pearls, lingerie, exhaust system and metal products.

“We are excited about the vast trading and networking opportunities the ASEAN SME Showcase and Conference presented here. As we aim to make our SMEs more competitive on the global stage, we will definitely follow through on the best practices and learnings from this conference,” said delegation head DTI Regional Operations Group Undersecretary Zenaida Maglaya who also represented DTI Secretary Gregory Domingo at the conference.

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Philippines Joins Malaysia’s Aerospace Business Convention


A Philippine delegation represented by the Aerospace Industries Association of the Philippines (AIAP) and the Philippine Trade & Investment Center (PTIC) – Singapore participated in the recent Kuala Lumpur International Aerospace Business Convention (KLIABC). The event attracted over 80 international companies ranging from airlines, aircraft manufacturers, engine makers, airlines, suppliers and principals from around the globe.

Led by John Lee, AIAP President and PTIC-Singapore Commercial Counsellor Glenn Peñaranda, the group met with major aerospace leaders Airbus, Boeing and Rolls Royce. They visited as well Spirits Aerosystems, an aerostructure manufacturing facility in Malaysia.

“We are proud to have participated in this key convention as we promote the Aerospace Industry in the Philippines. The industry offers many opportunities for the Philippines and this convention provides an excellent forum to meet and network with all the principal players,” said AIAP and Applied Machining Corporation President John Lee.

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DTI-5 promotes Pili Nut in Malaysia


DTI5inKL

DTI Region 5 represented by Regional Director Jocelyn Blanco (second from left) recently paid a courtesy call to Philippine Ambassador to Malaysia Eduardo Malaya (second from right), while in Malaysia to promote the region’s pili nut and conduct market observation. The group is composed of Pili producers Leslie Pili Products, Noveno’s Pilinut Candies, The R.A.I.N.S. Delicacies, Tia Berning Pili Candies, Antes Enterprises, Espeña Eco Farm Enterprises and herbal drink brand YML Health Food Products. Also in photo are (extreme l & r) DTI-Region 5 consultant Rose Kwan and Philippine Trade & Investment Center (PTIC)-Malaysia Assistant Louie Lee.

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PTIC-KL and MinDA hold business meetings in Malaysia

As a follow up to the meeting in the third quarter of 2014, Officials of the Mindanao Development Authority (MinDA) and Philippine Trade & Investment Centre-Kuala Lumpur (PTIC-KL) recently met with representatives of palm oil industry player Felda Global Venture Holdings (FGV) of Malaysia. FGV aims to become a global agribusiness player hence the expansion of its interests within the region.

To further promote bilateral commercial trade between the Philippines and Malaysia, PTIC-KL Commercial Counsellor Glenn Peñaranda likewise had a meeting with Malaysia External Trade Development Corporation (MATRADE) to explore collaborations in the construction, transport, logistics, machinery, aerospace and shipping industries as well as product trading between Sabah and Mindanao. He also met with various Malaysian companies from a wide range of sectors to discuss opportunities for Malaysian companies to invest and grow their businesses in the Philippines. Participation of the Philippines to the April 2015 Malaysia International Halal Summit and Exhibition (MIHAS) was also brought up in one of the engagements.

Currently, Malaysia is the Philippines’ 10th trading partner out of 216 countries with total bilateral trade reaching US$3.6 billion. It is also the country’s 11th export market out of 212 countries and 11th import source out of 181 countries. Prospects of increased trade between the Philippines and Malaysia are promising due to the growth in trade activities within the ASEAN region. Together with the Philippine Embassy in Kuala Lumpur, MinDA and the Federation of Malaysian Manufacturers, PTIC-KL will be organizing business missions to the Philippines throughout 2015.

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