Philippine Ambassador to Singapore Antonio Morales and Philippine Trade & Investment Centre (PTIC)-Singapore Commercial Counsellor Glenn Peñaranda recently met with the officers of the Singapore Chinese Chamber of Commerce & Industry (SCCCI). Ambassador Morales expressed appreciation for the support of the SCCCI for the past business missions from the Philippines.
The Ambassador also highlighted the interest of the Philippine government in more discussions on trade and investment opportunities. Other topics discussed ranged from deeper linkages with the Federation of Filipino Chinese Chambers of Commerce, Inc. (FFCCI) to labor constraints and costs in Singapore.
During the meeting, the Chamber was invited to the Philippine Promotion Conference and Business Matching in the 11th CAEXPO September 2014 in Nanning, China, the Manila FAME International Gifts and Housewares October 2014 edition and the International Food Exchange (IFEX) happening in Manila on May 21, 2015.
An update on the West Philippine Sea was provided with emphasis on economic ties between Philippines and China remaining strong despite the territorial dispute. In 2013, China is second largest trading partner and third largest export market of the Philippines. Furthermore, the number of visitors from China increased 70 percent based on January-October 2013 data and compared to the same period in 2012.
The SCCCI is an internationally renowned business organisation and the apex body of the Chinese business community in Singapore. It has a membership network comprising over 4,000 corporate members and 151 trade association members, representing over 40,000 companies.
Photo shows (from left to right): Mr. Tham Poh Cheong, SCCCI Secretary-General; Mr. Tan Kim Seng, SCCCI International Affairs Committee Chairman; Mr. Thomas Chua Kee Seng, SCCCI President; Ambassador Morales; Commercial Counsellor Peñaranda; Philippine First Secretary and Consul Edna Lazaro