London, United Kingdom (17 May 2016) – Philippine Trade and Investment Centre-London (PTIC-London), in collaboration with the UK-ASEAN Business Council, promoted the Philippines during the UK’s Going Global Live 2016 held on 11 May 2016 at ExCel, London.
Participated by major industry players in United Kingdom (UK), Going Global Live 2016 is UK’s top national exhibition for businesses looking to expand internationally or set-up overseas operations.
The Philippines, through the Philippine Trade and Investment Center-London, had the opportunity to present its economic climate, trade and investment opportunities. Kristine Umali, Head of PTIC-London and Commercial Attaché of the Philippine Embassy in London highlighted the Philippines’ stable GDP growth of 6.2% from 2010-2015, increased foreign direct investments (FDIs) and improved investment grade ratings by top rating agencies such as Fitch, Moody’s and S&P.
Umali also mentioned Philippines’ strategic location in Southeast Asian region as a good hub for UK companies to access the wider Southeast Asia market. She further urged UK firms to trade, invest, and do business in the Philippines.
Earlier, United Kingdom – ASEAN Business Council (UK-ABC) said that ASEAN is currently the 7th largest economy in the world and projected to grow into the 4th largest by 2030.
PTIC-London is the commercial section of the Philippine Embassy in London and the representative office of the Philippine Department of Trade and Industry in the UK.
The PTIC-London team led by its head Kristine Umali (2nd Left), together with the UK-ASEAN Business Council Executive Director Ross Hunter (3rd Left) and his team with Filipino business professionals that attended the Going Global Live 2016 held in ExCel, London.[>
In photo (from left to right): Sam Risner of UK-ABC, Kristine Umali, PTIC-London Head; Ross Hunter, UK ABC Executive Director; Max Coleman of UKABC; Kris Nobleza and Marisol Caneja, Filipino business professionals in London and Ray Simon Roderos of PTIC-London.