Philippine Trade and investment Roadshow in Kolkata, India, highlights trade and investment opportunities with Indian businessmen


The Philippine Trade and Investment Centre New Delhi, Commercial Section of the Philippine Embassy in India, recently presented trade and investment opportunities to two groups of major Kolkata based businessmen in a recent trip led by Philippine Ambassador Maria Teresita C. Daza to India’s largest eastern city (7th in India) and capital of the State of West Bengal last November 6 and 7, 2015.

Philippine Commercial Counselor Michael Alfred V. Ignacio presented to two major business groups based in Kolkata in separate occasions, namely: the MCC Chamber of Commerce and Industry during its Annual Meeting and to the Bengal Chapter of the Confederation of Real Estate Developers’ Association of India (CREDAI Bengal).

Speaking and presenting before the State of West Bengal’s major companies and business leaders comprising the 800-strong membership of the MCC Chamber of Commerce held at the city’s iconic Lalit Great Eastern Hotel on November 7, 2015, Commercial Counselor Ignacio highlighted priority sectors for Trade and Investments which include PTIC New Delhi’s priority focus sectors for trade and investment promotion with India. These sectors are as follows: 1) Investments in IT/BPO Sector; 2) Investments in Automotive Parts and Accessories; 3) Promotion of Philippine Universities and Education to prospective Indian students 4) Exports of Philippine High End Design Driven products such as Furniture and Home Furnishings; and 5) Opportunities in the Philippine PPP Program and Infrastructure Development, among others.

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Closer PH-Nepal business ties

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Philippine Trade and Investment Center (PTIC) in New Delhi Commercial Counselor John Paul B. Iňigo (right) confers with Philippine Consul General ad Honorem Suraj Vaidya (left) during the launch of the Nepal Philippines Chamber of Commerce and Industries (NPCCI) on March 3, 2015 at the Philippine Honorary Consulate General Offices in Kathmandu, Nepal. Department of Trade and Industry’s commercial post in New Delhi has been steadfast in helping forge closer the relations between the Philippines and Nepal, particularly on cooperation in business. DTI intends to strengthen the Philippines’ commercial relations with Nepal and the other South Asian countries given that the region has potential as a market for Philippine products and services. Together with Vaidya, Iňigo congratulated NPCCI officers and members for their determination to strengthen bilateral business ties between the Philippines and Nepal. (DTI-PRU)

Working on trade and investment synergies

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Department of Trade and Industry (DTI) Undersecretary Ponciano C. Manalo, Jr. (fourth from left) receives a token from Bangladesh Philippines Chamber of Commerce and Industry (BPCCI) President Rashed Maksud Khan during a call on January 21, 2015 at the Industry and Investments Building in Makati City. Khan led a 6-member delegation composed of top executives of key businesses in Bangladesh. Joining them are Philippine Trade and Investment Center in New Delhi Commercial Counselor John Paul B. Iňigo (left) and Philippine Ambassador to Bangladesh Vicente Vivencio T. Bandillo (second row,right side). With their sustainable economic growth, inclusive development strategy, and increasing young population, the Philippines and Bangladesh explore their growing trade and investment potentials to look for synergies and give a boost to bilateral economic relations. Khan said that next year, the BPCCI will send a bigger business delegation, and a joint economic commission meeting is also anticipated on the government-to-government level. PTIC-New Delhi, which supports the Philippines' trade and investment interests in India, Bangladesh, Bhutan, Maldives, Nepal, Pakistan, and Sri Lanka, has been closely collaborating with BPCCI to promote trade and investments between the Philippines and Bangladesh. In 2013, Bangladesh ranked as the Philippines’ 66th trading partner, 67th export market, and 56th import source. (DTI-PRU)

Exploring trade, investment opportunities between Philippines and Sri Lanka

Philippines Commercial Counsellor in India and Ceylon Chamber discuss measures to enhance trade and investment. John Paul B. Inigo, the Commercial Counsellor of Philippines in India says that both Sri Lanka and his country should work towards exploring trade and investment opportunities between the two nations, which currently stands at negligible levels.

A fruit of the undersigned's Sri Lanka Trip

He says the potential for trade and investment between the two nations are immense and wanted the Sri Lankan businessman to visit and explore the opportunities offered by his country and wanted the Ceylon Chamber to organise a delegation to visit that country.

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Philippine as member ASEAN have huge potential for bilateral trade expansion Framework of MOUs on trade and economic ties should be designed, Says Zakaria Usman, President FPCCI

FPCCI Call May 2014

Pakistan attached great importance to enhance its trade and economic relations with Philippines as an important country of ASEAN regional block. Huge potential for expansion in bilateral trade and economic relations between Pakistan and Philippine should be successfully tapped. This was stated by Mr. Zakaria Usman, President FPCCI in a meeting with H.E. Domingo D. Lucenario, Ambassador who visited Federation House along with the Commercial Attaché and Economic Diplomacy Officer. The meeting was very important and fruit full during which several measures were discussed for enhancement of bilateral trade and economic relations through increase in people to people contacts. The meeting was attended by Senior Vice President Shaukat Ahmed, Vice Presidents Ismail Suttar, Khurram Sayeed and the Secretary General of FPCCI and other prominent businessmen.

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