April 29, 2014 - The Philippine Trade and Investment Center in Jakarta, Indonesia organized a half-day business mission program for the participants of the Strategic Business Economics Program (SBEP) of the University of Asia and the Pacific (UA&P).
SBEP is the UA&P’s flagship program exclusively designed for top management executives and business owners. Part of the program is an annual international out-of-town conference and trade mission where participants exchange views and information on business case studies while also taking advantage of the opportunity to meet with potential business partners.
Thirty-three (33) Indonesian companies from the banking, finance, property, business advisory, import/export, and manufacturing sectors attended the business mission program. The attendees freely interacted with SBEP participants to explore possible areas of cooperation or joint ventures.
The business mission program also featured a talk by DTI Undersecretary Adrian S. Cristobal, Jr on the ASEAN Economic Community (AEC) 2015 and highlighted the importance of engaging stakeholders in crafting a gameplan in getting businesses and citizens of the ASEAN member states to the evolving rules and different dynamics of AEC.
At least three companies reported immediate positive results through referrals by Indonesian companies and several others who have indicated interest to further discussions on possible areas of cooperation.