PH Trade official meets with Spanish businessmen

The Department of Trade and Industry (DTI) Secretary Adrian S. Cristobal Jr. and Philippine Ambassador to Madrid Carlos Salinas recently met with Spanish businessmen to discuss trade relations and investments between the two countries. The meeting, held at the Salon PBA, Sede Confederacion Espanola Organizaciones Empresariales (CEOE) at Diego de Leon, 50 in Madrid yesterday (3 March 2016), was organized by the Confederation Espanola de Organizaciones Empresariales (CEOE). CEOE, Spain’s confederation of employers and industries, is composed of some two million companies and self-employed entrepreneurs from all sectors of the Spanish economy. Top CEOE member companies doing business in infrastructure, renewable energy, food, finance and IT, among others, participated in the meeting.

PH Trade official meets with Spanish businessmen(From L-R): Philippine Ambassador to Madrid Carlos Salinas, Spain Secretary of State for Ministry of Economy and Competitiveness Jaime Garcia-Legaz, DTI Secretary Adrian Cristobal Jr (center), Vice-President of CEOE Juan Pablo Lazaro, Director for International Affairs of the Chamber of Commerce of Spain Alfredo Bonet.

OECD launches book on PH investment policy review

04_26_16 SASC_OECDaOECD launches book on PH investment policy review. DTI Secretary Adrian Cristobal Jr. spoke before members of the Organization of Economic Co-operation and Development (OECD) and dignitaries from various countries at the book launching of “Investment Policy Review of the Philippines,” in Paris, France yesterday (April 26, 2016). Cristobal said “This first OECD Investment Policy Review of the Philippines presents to the world the reforms our country has instituted since 2010 to achieve a better investment climate. The Philippine investment climate should benefit not only firms –whether foreign or domestic, large or small – but also society at large.” Cristobal assured the international community that these reforms which have been initiated will continue “not because of administrations but because it makes for good economics.” The “Investment Policy Review of the Philippines” provides a comprehensive approach in strengthening policies and institutions in the Philippines. The review is aligned with the recently updated OECD Policy Framework for Investment (PFI). The OECD is an international policy think tank composed of 34 member countries. OECD aims to promote policies that would support governments’ work to foster prosperity and fight poverty through economic growth and financial stability while taking into account environmental implications of economic and social development.

PH Trade officials meet with French delegates of the Shared Services Business Mission to the Philippines

French Delegates

Manila, Philippines – PH Trade officials meet with French delegates of the Shared Services Business Mission to the Philippines. Department of Trade and Industry (DTI) Undersecretary Nora K. Terrado (5th from left, front row) joined Philippine Ambassador to France, H.E. Ma. Theresa P. Lazaro (3rd from left, front row) and Department of Foreign Affairs (DFA) Undersecretary Laura Q. del Rosario (4th from left, front row) in welcoming top-level French delegates of the Shared Services Business Mission to the Philippines last March 16, 2016.

The business mission which was organized by the Philippine Embassy - Paris aimed at encouraging prominent French businesses, particularly those interested in setting up shared service centers or global in house centers (GICs), to explore opportunities in locating in the Philippines. Also present during the welcome event at the Carlos P. Garcia Hall of the DFA were Philippine Economic Zone Authority (PEZA) Group Manager for Promotion and Public Relations, Mr. Elmer San Pascual (leftmost front row), Mr. Jose Mari Mercado, President/CEO of the IT and Business Process Association of the Philippines (IBPAP) (fifth from right, front row), and Philippine Commercial Attaché to Paris, Mr. Froilan Pamintuan (rightmost, front row) (END).

Philippines Makes Comeback to Salone Internationale del Mobile in Milan


The Department of Trade and Industry’s Center for International Trade Expositions and Missions with the support of the Philippine Trade and Investment Center in Paris, recently concluded the comeback participation of the Philippine furniture sector to the Salone Internazionale del Mobile fair in Milan, Italy. The Philippines once again participated in the event after seven years of absence in the prestigious furniture show, featured 11 brands in a 160-sqm space located in Hall 12, one of the coveted design halls of the show. The brands showcased were atelier a, Bon-Ace, Industria Home, Ito Kish, KENNETHCOBONPUE, Lightworks, Padua, Prizmic & Brill, Mayumi, Schema and Tadeco Home.

The Salone Internazionale del Mobile is the single-most important trade event and design fair for furniture and home fashion in the world held every April in Milan, Italy. Also called the Milan Furniture Fair, it was first held in 1961 to primarily showcase Italian designs and products. In 1967, the fair expanded to include international exhibitors biennially and in 1973, included international participation on a yearly basis.

The participants initially reported a total sales of USD 4.4 million with 921 inquiries received. Aside from the fair participation, CITEM and PTIC Paris also organized the Philippine delegations’ familiarization tour of the various design districts of Milan, including meetings with Italian design luminaries like Paola Navone who has expressed her willingness to come to collaborate with Philippine designers and possibly visit the October 2013 show of Manila FAME.

salone 2 From left: Manny Benigla and Eva Mariquina (CITEM), PTIC Paris Commercial Attache Vichael Angelo Roaring, CITEM Executive Director Rosvi Gaetos, Paola Navone, Rodex SRL’s Laura, Kalikasan’s Jerry Jiao.

Secretary Domingo and other ASEAN Ministers Launch OECD Southeast Asia Regional Work Program at OECD Headquarters in Paris

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In Photo: Secretary Gregory L. Domingo (Front Row, Rightmost) with various ASEAN Ministers and officials together with Prime Minister Shinzo Abe (Fist Row, Third from Left), and OECD Secretary General Angel Gurria (First Row, Middle)

DTI Secretary Gregory L. Domingo was in Paris on the invitation of Prime Minister Shinzo Abe to represent President Benigno S. Aquino III for the launch of the OECD Southeast Asia Work Program on 6 May 2014. In the context of the forthcoming ASEAN integration, the Organization for Economic Cooperation and Development, has crafted a work program for collaboration and sharing of best practices in the ASEAN.

In his remarks during the launch, Secretary Domingo noted the Philippines’ keen interest in collaborating with the OECD in the context of its Southeast Asia Regional Program, in the matters of human capital development, investments and regulatory reform, and broadening the Philippines’ production base through the development of SMEs and unlocking the potentials of innovation-driven business sectors.

The Philippines is currently undertaking an Investment Policy Review using the OECD-developed international best practice mechanism for assisting countries in attracting foreign investment by strengthening national policies and institutions and creating a sound investment environment for the long term.

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Philippine Ambassador to Paris Maria Teresa Lazaro, DTI Secretary Gregory L. Domingo, welcomed by an OECD Official at the OECD Headquarters