Taiwan Trade Mission Briefs Locals

About 120 Filipino manufacturers and business owners converged recently to learn valuable trade lessons from Taiwanese companies in a one-day event that aims to seal business cooperation between Taiwan and the Philippines.

Aptly titled, ''Integrating Taiwan Top Industries to Provide Best Total Solutions,'' the seminar-trade mission was among the highlights of the Asian Development Bank's (ADB) Business Opportunities Fair 2013 held at the Crown Plaza Manila Galleria.

Spearheaded by the Taipei Economic and Cultural Office (TECO) in the Philippines in cooperation with the Taiwan External Trade and Development Council (TAITRA), Bureau of Foreign Trade (BOFT) of Ministry of Economic Affairs (MOEA) of the Republic of China (Taiwan), and the Philippine Chamber of Commerce and Industry (PCCI), the seminar-trade mission offered Philippine businesses an opportunity to discuss possible avenues of trade and business cooperation with their Taiwanese counterparts.

Taiwanese consultants from the Taiwan Engineering Consultants Alliance, Green Energy Team of Taiwan Turkey Project Association, and Institute for Information Industry shared best practices with local business owners.

TECO Representative Raymond L.S. Wang, who welcomed the participants, said the total bilateral trade volume between Taiwan and the Philippines in 2012 reached a total of US$11 billion as compared to US$9 billion generated in 2011.

He also noted the potential opportunities for partnerships between both two countries in the field of infrastructures and public-private property office (PPP) projects. He revealed that for almost three decades, Taiwan has contributed a total amount of nearly US$87 million to the ADB since 1983, which helped developing countries in the Asia Pacific region.

Wang also bared that Taiwanese investments to the Philippines rose to more than US$400 million last year from the US$300 million generated in 2011.

Editor’s note:Yahoo Philippines encourages responsible comments that add dimension to the discussion. No bashing or hate speech, please. You can express your opinion without slamming others or making derogatory remarks.

  • What can void a new car warranty? James Deakin - Wheel Power
    What can void a new car warranty?

    "I was denied warranty once for changing my horn!" One very annoyed reader wrote. "I was told that placing a backup camera will void my warranty" said another. The others are best left in my private inbox as Yahoo! have a swear jar in the office that I do not feel like donating this week's pay to. Continue reading → …

  • Docu exposes destruction of PH marine resources VERA Files - The Inbox
    Docu exposes destruction of PH marine resources

    By Kiersnerr Gerwin Tacadena, VERA Files "Gutom (hunger)," Sen. Loren Legarda said is what’s in store for the Filipino people if destruction of the country's marine resources is not stopped. Legarda, chair of the Senate committee on Environment and Natural … Continue reading → …

  • ‘Yolanda’ fiberglass boats modern-day Noah’s ark VERA Files - The Inbox
    ‘Yolanda’ fiberglass boats modern-day Noah’s ark

    By Jane Dasal, VERA Files If you want to save the earth, build a boat. That's what a group of environmentalists is saying, especially if you want to save both the forests and fishermen affected by supertyphoon “Yolanda” (Haiyan). “Haiyan … Continue reading → …

POLL
Loading...
Poll Choice Options